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jek_recluse [69]
2 years ago
10

An investment strategy has an expected return of 15 percent and a standard deviation of 9 percent. Assume investment returns are

bell shaped. How likely is it to earn a return between 6 percent and 24 percent?
Mathematics
1 answer:
IgorLugansk [536]2 years ago
6 0

Answer:

68% of an investment earning a return between 6 percent and 24 percent.

Step-by-step explanation:

The Empirical Rule states that, for a normally distributed random variable:

68% of the measures are within 1 standard deviation of the mean.

95% of the measures are within 2 standard deviation of the mean.

99.7% of the measures are within 3 standard deviations of the mean.

In this problem, we have that:

Mean = 15

Standard deviation = 9

How likely is it to earn a return between 6 percent and 24 percent?

6 = 15 - 1*9

6 is one standard deviation below the mean

24 = 15 + 1*9

24 is one standard deviation above the mean

By the empirical rule, there is a 68% of an investment earning a return between 6 percent and 24 percent.

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Answer:

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Step-by-step explanation:

it is an imaginary number

3 0
3 years ago
HELP!!! Lucas deposits $250,000 into two investment accounts. Over a year, the first account
prohojiy [21]

The amount deposited in the account that earns 3.6% interest is $57,600 and the amount  deposited in the account that earns 2.1% interest is $192,400

The first step is to determine the amount of interest he earned in total over a year

Interest = Amount in the account - amount deposited

$256,114 -  $250,000 = $6,114

The second step is to formulate two set of equations and use simultaneous equation to solve the question

a + b = $250,000 equation 1

0.036a + 0.021b = $6,114 equation 2

Where a represent amount deposited in the account that earns 3.6% interest

b  represent amount deposited in the account that earns 2,1% interest

Multiply equation 1 by 0.036

0.036a + 0.036b = 9000 equation 3

Subtract equation 2 from 3

2886 = 0.015b

divide both sides of the equation by 0.015

b = $192,400

Substitute for b in equation 1

a + 192,400 = 250,000

a = 250,000 - 192400

a = $57,600

To learn more about simultaneous equations, please check: brainly.com/question/23589883?referrer=searchResults

6 0
2 years ago
What is equally between 1200 and 1600 ​
Sophie [7]
1400, as 1200 + 200 = 1,400 and 1600 - 200 = 1400.
4 0
3 years ago
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How to Simplify: (a + 2)(3a - 1')
IrinaVladis [17]
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3 0
2 years ago
EASY MATH (no links or get reported)
katovenus [111]

Answer:

Find the Roots (Zeros) f(x)=x^3-6x^2+13x-20. f(x)=x3−6x2+13x−20 f ( x ) = x 3 - 6 x 2 + 13 x - 20. Set x3−6x2+13x−20 x 3 - 6 x 2 + 13 x - 20 equal to 0 0 .

Step-by-step explanation:

hope this helps

4 0
3 years ago
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