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  3. in the last quarter of? 2007, a group of 64 mutual

In the last quarter of? 2007, a group of 64 mutual funds had a mean return...

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Basic Math

In the last quarter of? 2007, a group of 64 mutual funds had amean return of 1.9?% with a standard deviation of 6.3?%. Considerthe Normal model ?N(0.019?,0.063?) for the returns of these mutualfunds. ?
a) What value represents the 40th percentile of these? returns??
b) What value represents the 99th? percentile?
?c) What's the? IQR, or interquartile? range, of the quarterlyreturns for this group of? funds?

Answer & Explanation Solved by verified expert
4.2 Ratings (872 Votes)
HereX Normal0019 00632a To find 40th    See Answer
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