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Consider the normal model n0012 0065 for the returns of

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In the last quarter of 2007 a group of 64 mutual funds had a mean return of 1.2% with a standard deviation of 6.5%. Consider the Normal model N(0.012, 0.065) for the returns of these mutual funds. The value that represents the 99th percentile is what percentage?

Reference no: EM13577538

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