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Mathematics, 19.12.2019 06:31 stjuliendeja

Afinancial analyst wanted to estimate the mean annual return on mutual funds. a random sample of funds' returns shows an average rate of 12%. if the population standard deviation is assumed to be 4%, the 95% confidence interval estimate for the annual return on all mutual funds is

a. 0.037773 to 0.202227
b. 3.7773% to 20.2227%
c. 59.98786% to 61.01214%
d. 51.7773% to 68.2227%
e. 10.988% to 13.012%

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