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Mutual funds, finis.
Consider the Normal model N10.024, 0.0562 for returns of mutual funds in Exercise 21 one last time.
a) What value represents the 40th percentile of these returns?
b) What value represents the 99th percentile?
c) What's the IQR of the quarterly returns for this group of funds?
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a company uses activity-based costing to determine the costs of its three products a b and c. the budgeted cost and
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