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An investment strategy has an expected return of 8 percent and a standard deviation of 6 percent. Assume investment returns are bell shaped.

a. How likely is it to earn a return between 2 percent and 14 percent? (Enter your response as decimal values (not percentages) rounded to 2 decimal places.)

Probability   =

b. How likely is it to earn a return greater than 14 percent? (Enter your response as decimal values (not percentages) rounded to 2 decimal places.)

Probability   =

c. How likely is it to earn a return below -4 percent? (Enter your response as decimal values (not percentages) rounded to 3 decimal places.)

Probability   =

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