document.write( "Question 882757: Consider an investment whose return is normally distributed with mean of 8% and a standard deviation of 5%. Determine the probability of losing money. \n" ); document.write( "
Algebra.Com's Answer #533091 by ewatrrr(24785)![]() ![]() You can put this solution on YOUR website! Let x = -.005 % \n" ); document.write( "P(z ≤ -8.005/5) = P(z ≤ -1.601) = .0547 0r 5.47% chance of losing money \n" ); document.write( " |