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An investment strategys return is normally distributed and has an expected mean of 11 and a standard deviation of 5. If inve
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If you find difficulty in finding the z values by using standard normal table.

use the excel command "=NORMSDIST(-0.8)" which gives you output 0.211855.

O. 1151 table] Crien Xn N(1,5) X = 11 s=5 . a) P(x<5) - P(x) < (55) = P(Z <-12) 0.1151 CBy Standard normal (b) P172X223) = 1

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