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    Standard Deviation of the distribution

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    The expected value of an investment is $25,000.00. The standard deviation of the distribution is $4000. In what range can we expect the actual outcome of the investment to fall with 95% certainty?

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    Solution Preview

    In this problem, we need to calculate the 95% confidence interval for the population mean.

    The 95% ...

    Solution Summary

    The standard deviation of the distribution of an investment is examined. Neat and step-wise solution is provided.