Earliest remember that the details a bit is much like brand new bell-figure bend feature out-of a frequent distribution

Earliest remember that the details a bit is much like brand new bell-figure bend feature out-of a frequent distribution
From this point with this is the framework where in fact the title is used

The new mean property value the fresh new 84 annual returns to own ten-Season treasury ties is about 5%, therefore the practical departure is mostly about 8% (pp). Two basic deviations is focused on 2 x 8 = 16, very we had predict most of the annual yields to fall in this the range of on the 5% +/- 16 pp or between on the -11% and you will +21%.