An investment strategy has an expected return of 9 percent and a standard deviation of 5 percent. Assume investment returns are bell shaped.
a.How likely is it to earn a return between 4 percent and 14 percent? (Round your answer to 2 decimal places.)
Probability =
b.How likely is it to earn a return greater than 14 percent? (Round your answer to 2 decimal places.)
Probability =
c. How likely is it to earn a return below −1 percent? (Round your answer to 3 decimal places.)
Probability =
