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Business, 30.03.2021 17:20 Isaiahtate053

According to Investment Digest, the arithmetic mean of the anual return for common stocks over an 85-year period was 9.5%, but the value of the variance was not mentioned. We do know that 20% of the annual returns were below 8%. Assume that this distribution is nomal. 70% of the annual returns will be higher than what value?

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