Week beating market index 37

Total number of weeks 52

Probability of at least this well by chance 0.00159

Number of mutual funds 400

Probability of success 0.47142

0.47142 36 37 38
200
300
400
500
600
39 40
 Using Excel's normal function

Mean 75
Stdev 8

Range Probability
Less than 70 0.2659855
Greater than 73 0.5987063
Between 75 and 85 0.3943502 Probability of area under mean is half

Percentile
5th 61.84117 Score of 5th percentile person
60th 77.02678
97th 90.04635
0.05
Probability distribution Standarization of normal distribution
Range Probability
Less than -2 0.0227501319481792
Greater than 1 0.158655253931457
Between -1 and 1 0.6827

Percentile
5th -1.64485362695147
75th 0.674489750196082
99th 2.32634787404084
97th 0.83397675393647