The quarterly returns for a group of 79 mutual funds with a mean of 1.1% and a standard deviation of 4.5% can be modeled by a normal model. based on the model N (0.011,0.045), what are the cutoff values for the:

a) highest 40% of these funds

b) lowest 20%?

c) middle 80%?

d) highest 80%?

Question

Gunnar Donovan

Mathematics

13 November, 06:06

The quarterly returns for a group of 79 mutual funds with a mean of 1.1% and a standard deviation of 4.5% can be modeled by a normal model. based on the model N (0.011,0.045), what are the cutoff values for the:

a) highest 40% of these funds

b) lowest 20%?

c) middle 80%?

d) highest 80%?

+2

Answers (1)

Know the Answer?

Ali Murray · Answer 1

Based on your question where the quarterly returns for a group of 79 mutual funds with a mean of 1.1% and the standard deviation of 4.5% can be modeled by a normal model so based on that data the possible answer among the choices is B.

The quarterly returns for a group of 79 mutual funds with a mean of 1.1% and a standard deviation of 4.5% can be modeled by a normal model. based on the model N (0.011,0.045), what are the cutoff values for the:a) highest 40% of these fundsb) lowest 20%?c) middle 80%?d) highest 80%?

The quarterly returns for a group of 79 mutual funds with a mean of 1.1% and a standard deviation of 4.5% can be modeled by a normal model. based on the model N (0.011,0.045), what are the cutoff values for the:

a) highest 40% of these funds

b) lowest 20%?

c) middle 80%?

d) highest 80%?