The monthly returns on a stock follow a normal distribution with a mean return of 2% and a standard deviation of 4%. What is the probability that the stock has a negative return in any given month

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.3: Special Probability Density Functions
Problem 36E
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The monthly returns on a stock follow a normal distribution with a mean return of 2% and a standard deviation of 4%. What is the probability that the stock has a negative return in any given month

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ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,