1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alexxandr [17]
3 years ago
11

An investment strategy has an expected return of 21 percent and a standard deviation of 15 percent. Assume investment returns ar

e bell shaped. a. How likely is it to earn a return between 6 percent and 36 percent?
Business
1 answer:
Oxana [17]3 years ago
5 0

Answer:

68%

Explanation:

Given :

Mean, μ = 21

Standard deviation, σ = 15

Recall :

Zscore = (x - μ) / σ

P(Z =(x - μ) / σ) - P(Z =(x - μ) / σ)

x = 6 and x = 36

P(Z =(36 - 21) / 15) - P(Z =(6 - 21) / 15)

P(Z = 1) - P(Z = - 1)

Using the Z probability calculator :

P(Z = - 1) = 0.15866

P(Z = 1) = 0.84134

0.84134 - 0.15866

= 0.68268

= 0.68

= 68%

You might be interested in
Which of the following best describes late majority? Select one: a. They are the first to try new products and ideas. b. They li
ratelena [41]

Answer: c. They are skeptical to changes and new ideas.

Explanation:

Late Majority: These are expressively cautious consumers who don't like to take risks and who still have resistance to adopting a new product. They are conservative and only adopt a product when it is already used by the majority consumer.

7 0
3 years ago
Calculate the dollar rate of return on a 10 comma 00010,000 pound sterling deposit in a London bank in a year when the interest
lyudmila [28]

Answer: 92.7%

Explanation:

Due to the depreciation of the Dollar against the Pound, the foreign denominated deposit will have an even higher return.

Let's calculate that return.

= New Exchange rate - Former exchange rate / Former exchange rate

= 1.42142 - 1.23123 / 1.23123

= 0.15447

= 15. 4%

There is a gain of 15.4%.

In order to get the total dollar rate of return we add this just calculated return to the interest rate on pound which is 77%.

= 77 + 15.4

= 92.7%

In dollars then the return is 92.7%.

If you need any clarification please feel free to comment or react. This will help other users as well. Thank you.

8 0
3 years ago
Brenda owns a store in a small town. The store sells a small range of everyday and impulse products, such as chocolates, magazin
Monica [59]

Answer:

Convenience store

Explanation:

a Convenience store is a retail store that provides a range of everyday products and impulse products. they are usually located in fuelling stations or along busy roads . these stores are usually opened for long hours

3 0
3 years ago
Read 2 more answers
Acti Manufacturing Corporation is estimating the following raw material purchases for the final four months of the year:
docker41 [41]

Answer:

Total disbursement 892,000

Explanation:

Nomvember cash disbursement for raw materials

Nomvember purchase 860,000 x 60% = 516,000

ocober purchase 940,000 x 40% = 376,000

Total disbursement 892,000

6 0
2 years ago
If a product becomes more expensive to
dem82 [27]

Answer: to the left.

Explanation:

5 0
1 year ago
Other questions:
  • If you take $100 out of your piggy bank and deposit it in your checking account, how did M1 change? Did M2 change? Assuming that
    14·1 answer
  • A firm sells 1000 units per week. It charges $15 per unit, the average variable costs are $10, and the average costs are $25. In
    13·1 answer
  • Trevor gets a haircut before his interview. He wears his best suit to the interview. Walking into the room, he says hello, looks
    7·1 answer
  • The comparison of a company's financial condition and performance across time is known as:
    5·1 answer
  • What will happen if a shoe firm sells its shoes at a price lower than the opportunity cost of the inputs used in the production
    10·1 answer
  • Advertisements that feature promotions such as buy-one-get-one-free offers essentially signal that customers will get value in s
    14·1 answer
  • Erna Boogard bakes cakes for a living. Her recipes were so popular in The Netherlands that her company has grown dramatically. S
    10·1 answer
  • Identify the ways in which lower of cost or market can be applied to merchandise inventory. (Check all that apply.) Multiple sel
    13·1 answer
  • Seemore Company manufactures binoculars. The actual costs for 2013 and 2014 were as follows: 2013 2014 Direct materials: Plastic
    8·1 answer
  • Guys i want to get me and xugo this hat but ion which hats tho<br> plz help
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!