An asset has an average historical rate of return of 13.2 percent and a variance of .00972196.What range of returns would you expect to see approximately two-thirds of the time?
A)-2.28 to +24.48 percent
B)-6.52 to +32.92 percent
C)-9.58 to +38.8 percent
D)+3.34 to +23.06 percent
E)+13.1 to +13.3 percent

Question

Quizplus · Accepted Answer

Range = .132 ± √(.00972196) = +3.34 to +23.06 percent

An Asset Has an Average Historical Rate of Return of 13.2