An important, but secondary, objective of coding is to represent each possible response with a unique number because numbers are easier and faster to use in computer tabulation programs

The CFP designation is reserved for those individuals that have successfully completed a series of exams covering all aspects of financial planning

Indicate whether the statement is true or false

Your portfolio is worth $200,000. The standard deviation of its annual returns is 0.20 and the expected return is 11.0%. What is the probability of a loss over 10 business days?

A) 39.84% B) 49.84% C) 59.84% D) 69.84%