A stock had returns of 15 percent, 8 percent, 12 percent, -21 percent, and -4 percent for the past five years. Based on these returns, what is the approximate probability that this stock will return at least 15 percent in any one given year?
A) less than 0.5 percent
B) greater than 0.5 percent but less than 1.0 percent
C) greater than 1.0 percent but less than 2.5 percent
D) greater than 2.5 percent but less than 16 percent
E) greater than 16.0 percent
Correct Answer:
Verified
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