Your friend is the owner of a stock which had returns of 25 percent, -36 percent

Question

Your friend is the owner of a stock which had returns of 25 percent, -36 percent, 1 percent, and 16 percent for the past four years. Your friend thinks the stock may be able to achieve a return of 50 percent or more in a single year. Based on these returns, what is the probability that your friend is correct? 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

Explanation / Answer

D greater than 2.5 percent but less than 16 percent

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