If the returns on a stock index can be characterized by a normal distribution with mean 12%, the probability that returns will be lower than 12% over the next period equals ________

A) 50%
B) 25%
C) 46%
D) 33%

Answer: A

Business

You might also like to view...

A franchise organization is a type of contractual VMS

Indicate whether the statement is true or false

Business

Gillette's development of the sensor razor is a good example of which statement?

a. not all of the impact of technology innovation is positive b. process development is more important than product development as a source of competitive advantage c. technology innovation is an important source of value creation d. technology innovation has a profound effect on the creation of wealth for individual entrepreneurs and corporate shareholders

Business