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April 18, 2015

April 18, 2015

Posted by **Michael** on Monday, October 10, 2011 at 9:54pm.

(a)What percentage of yearly returns are at or below the 7th percentile of the distribution of yearly returns? What percentage are at or above the 7th percentile? Find the 7th percentile of the distribution of yearly returns.

Percentage of yearly returns are at or below the 7th percentile =

Percentage of yearly returns are at or above the 7th percentile =

k =

(b)If the mean changes to 12.7 percent and the standard deviation changes to 18.6 percent, find the first quartile, Q1 , and the third quartile, Q3, of the distribution of yearly returns.

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