The correct answer is: D)
First, transform the actual value of this outcome (-1.2%) into its standardized z-score:
Zx= [(X - ux) ÷ σx] = [(-1.2 - 12.0) ÷ 8] = -1.65
Using the Normal Rule, candidates should realize that approximately 90% of the outcomes are expected to occur within 1.65 standard deviations of the mean. This would mean that 45% (half of 90%) of the observations must lie within the mean and -1.65 standard deviations away from the mean. If this is so, then 5% of all the observations must lie below -1.65 standard deviations away from the mean.
The correct answer is a) The mutual fund is passing through part of a gain that it earned by holding securities for the required ...
The correct answer is: a) It is very important for information not to flow outside the boundries of the investment banking ...
The correct answer is: b) Return on Assets = NI/Sales = Sales/Assets x NI/Sales
The correct answer is a. I is correct since the stock's currently valued at $12,000 are increasing 20% or $2,400. II is incorrect ...
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