Problem

The return expected from Project No. 542 is 22 percent. The standard deviation of these...

The return expected from Project No. 542 is 22 percent. The standard deviation of these returns is 11 percent. If returns from the project are normally distributed, what is the chance that the project will result in a rate of return above 33 percent? What is the probability that the project will result in losses (negative rates of return)?

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