Mutual funds finisconsider the normal model n10024 00562, Ask an Expert

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Mutual funds, finis.

Consider the Normal model N10.024, 0.0562 for returns of mutual funds in Exercise 21 one last time.

a) What value represents the 40th percentile of these returns?

b) What value represents the 99th percentile?

c) What's the IQR of the quarterly returns for this group of funds?

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