Over a Number of Years, the Average Annual Rate of Return

Multiple Choice

Over a number of years, the average annual rate of return for Fidelity's International Capital Appreciation mutual fund has been .035 with a standard deviation of .031.Assume annual returns are approximately normally distributed around the average rate.If you use this historical information as the basis for your calculations, the probability that this fund will produce a positive return is:

A) .1292
B) .8718
C) .1571
D) .7882
E) .8534