A stock had returns of 10%, 2%, 8%, 17%, and - 7% for the past five years. Based on these returns, what is the approximate probability that this stock will return at least 15% in any one given year?

Question

Quizplus · Accepted Answer

Out of the five years, the stock returned at least 15% in one year. Therefore, the probability is 1 out of 5, which is 20%. However, since 16.0% is the closest option provided, it is the correct choice.

A Stock Had Returns of 10%, 2%, 8%, 17%, and -