RWJ 7th Edition Solutions - Colby College
The range of returns you would expect to see 95 percent of the time is the mean plus or minus 2 standard deviations, or: 95% level: R( ( ± 2( = 5.8% ± 2(9.4%) = –13.00% to 24.60% The range of returns you would expect to see 99 percent of the time is the mean plus or minus 3 standard deviations, or: ................
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