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Business, 24.09.2020 21:01 pringleosmond

From Jan. 1, 1960 to Jan. 1, 1985, the historical average annual rate of return in the hypothetical country of Westeros was 12%. The annual standard deviation of the rate of return is 10%. What is the upper bound of the 95.4% confidence interval for the annual rate of return based on this information? a. 16%.
b. 10%.
c. 12%.
d. 14%.
e. 8%.

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