Description of this paper

STATS - The monthly rate of return for the mutual fund Invest 2000 follows a Normal distribution

Description

solution


Question

Question;The monthly rate of return for the mutual fund Invest 2000 follows a Normal distribution with mean 0.75% and standard deviation 0.3%.(a) What is the probability that the fund will return more than 1.2% next month?(b) What is the 90% Value-at-Risk over 1 month for this mutual fund? What is the meaning of this number?

 

Paper#61582 | Written in 18-Jul-2015

Price : $22
SiteLock