You want to invest in companies belonging to Gispa Group of 1
Companies, Inc. so you did some research and found out that companies belonging to this group has an average gain of
0.8
percent and standard deviation of
0.7
percent. Given that a positive percent (gain) means profit and a negative percent means a loss. If you choose
20
companies, what is the probability that the companies are gaining more than
1
percent?