One class of hedge funds, the equity-market-neutral hedge fund, averaged 6% for 2003. If their returns were approximately uniformly distributed between 0% and 12% for 2003, what percentage of the funds performed within one standard deviation of 6%?© BrainMass Inc. brainmass.com June 3, 2020, 9:21 pm ad1c9bdddf
M = (c + d)/2 = 6%, SD = (d - c)/sqrt(d - c) = (12 - 0)/sqrt(12 - 0) = 12/sqrt(12) = ...
The equity-market-neutral hedge fund for the uniform distribution is analyzed. The percentage of the funds performed within one standard deviation is determined.