Suppose the returns on long-term government bonds are normally distributed. assume long-term government bonds have a mean return of 6.0 percent and a standard deviation of 9.9 percent. a. what is the approximate probability that your return on these bonds will be less than −3.9 percent in a given year?

0.1587

Step-by-step explanation:

Let X be the random variable that represents a return on long-term government bond. We know that X has a mean of 6.0 and a standard deviation of 9.9, in order to compute the approximate probability that your return on these bonds will be less than -3.9 percent in a given year, we should compute the z-score related to -3.9, i.e., (-3.9-6.0)/9.9 =  -1. Therefore, we are looking for P(Z < -1) = 0.1587

according to this law, when unemployment goes up by 1%, gdp drops by 2%. in the question, unemployment rate goes from 2% to 5%, meaning unemployment goes up by 3%, so the gdp drops by 6%. thus the effect is a drop in gdp by 6%.

step-by-step explanation:

3/5

step-by-step explanation:

double number line is not a standard concept, so it must have been defined in your textbook. assume top line is numerator.