Question

Over the past five years, a stock produced returns of 11 percent, 14 percent, 4 percent, −9 percent, and 5 percent. What is the probability that an investor in this stock will not lose more than 10 percent in any one given year?

A) Greater than .5 but less than 1.0 percent

B) Greater than 1 percent but less than 2.5 percent

C) Greater than 2.5 percent but less than 16 percent

D) Greater than 84 percent but less than 97.5 percent

E) Greater than 95 percent

Answer

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