Company/ Annual Return/ Std Dev
I 12.0% 1.5%
II 11.5% 1.0%
III 13.0% 3.0%
IV 14.0% 4.0%
What is the probability the best company(company 2)makes more than 10%?
2006-10-27 04:35:18 · 2 answers · asked by mrkittypong 5 in Science & Mathematics ➔ Mathematics
The answer needs details of probability distribution fo companyII. Only then we can work the desired probability
P=sum of all probabilities which are greater than 10% and less than 100%
2006-10-27 04:54:16 · answer #1 · answered by openpsychy 6 · 0⤊ 0⤋
More data required.
2006-10-27 11:49:30 · answer #2 · answered by ag_iitkgp 7 · 0⤊ 0⤋