Mathematics

Cynthia Day

15 February, 05:10

The quarterly returns for a group of 76 mutual funds with a mean of 1.2 % and a standard deviation of 4.6 % can be modeled by a Normal model. From these funds, find the cutoff return value (s) that would separate the

a) highest 40 %.

b) lowest 20%.

c) middle 80 %.

d) highest 80 %.