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A group of mutual funds earned varying annual rates of return in the last year. these rates of return are normally distributed with a mean of 8% and a standard deviation of 18%. one mutual fund in thi
A group of mutual funds earned varying annual rates of return in the last year. these rates of return are normally distributed with a mean of 8% and a standard deviation of 18%. one mutual fund in this group managed to earn a rate of return that was double that of this group's average that year. this performance would put the fund in the top x% of those funds in that year. calculate x%. give your answer to 1 decimal place.