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Bay Land,Inc.has the Following Distribution of Returns

Question 130

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Bay Land,Inc.has the following distribution of returns:
Bay Land,Inc.has the following distribution of returns: Assuming that these returns are normally distributed,what is the probability that Bay Land,Inc.will return less than 7.25%? Show all work,and clearly explain and state your answer. Assuming that these returns are normally distributed,what is the probability that Bay Land,Inc.will return less than 7.25%?
Show all work,and clearly explain and state your answer.

Correct Answer:

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Exp.Return = (.3 × .25)+ (.4 × .15)+ (.3...

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