A hedge fund returns on average 26% per year with a standard deviation of 12%. Using the empirical rule, approximate the probability the fund returns over 50% next year

0.025 is the probability that the fund returns over 50% next year.

Explanation:

We are given the following information in the question:

Mean, μ = 26%

Standard Deviation, σ = 12%

Empirical Formula:

We have to find the approximate probability of the fund returns over 50% next year.

0.025 is the probability that the fund returns over 50% next year.

the answer would be voluntary exchange -

"the act of buyers and sellers freely and willingly engaging in market transactions. moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange than before it occurred."

hope this : )

-shy