This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The price of a stock is uniformly distributed between 30 and 40. a. What is the probability that ... (Read 85 times)

crobinson2013

  • Hero Member
  • *****
  • Posts: 535
on: Jun 24, 2018
The price of a stock is uniformly distributed between 30 and 40.
 a. What is the probability that the stock price will be more than 37?
  b. What is the probability that the stock price will be less than or equal to 32?
  c. What is the probability that the stock price will be between 34 and 38?
  d. Determine the expected price of the stock.
  e. Determine the standard deviation for the stock price.

Question 2

A manufacturer wants to estimate the proportion of defective items that are produced by a certain machine. A random sample of 50 items is selected. Which Excel function would NOT be appropriate to construct a confidence interval estimate?
 a. NORM.S.INV
  b. COUNTIF
  c. STDEV
  d. All of these answers are correct.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Bigfoot1984

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 24, 2018
Answer to Question 1

a. .3
b. .2
c. .4
d. 35
e. 2.89

Answer to Question 2

c


crobinson2013

  • Member
  • Posts: 535
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

covalentbond

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Using Probability Calculations in Genetics Using Probability Calculations in Genetics
Effect of Perceived Price of a Drug on Placebo Analgesia Effect of Perceived Price of a Drug on Placebo Analgesia
Probability question Probability question
Chiropractor (stock image) Chiropractor (stock image)
Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ... Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ...
The net price of an article is $79.84. What is the list price if a discount of 23% was allowed? The net price of an article is $79.84. What is the list price if a discount of 23% was allowed?
Video: Protein digestion - stomach & small intestine

For a complete list of videos, visit our video library