Over the past five years,a share produced returns of 14%,22%,-16%,2%,and 10%.What is the probability that an investor in this share will NOT lose more than 8% nor earn more than 21% in any one given year?
A)34%
B)68%
C)95%
D)99%
E)100%

Question

Quizplus · Accepted Answer

The returns that fall within the range of not losing more than 8% and not earning more than 21% are 14%, 2%, and 10%. Out of the five years, three years fall within this range, so the probability is 3/5 or 60%. However, the closest choice is 68%, which is likely a rounding or estimation error in the options provided.

Over the Past Five Years,a Share Produced Returns of 14%,22%,-16%,2%,and