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Author Question: The price of a stock is uniformly distributed between $30 and $40.a.What is the probability that the ... (Read 73 times)

jany123

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on: Mar 25, 2023

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.

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
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Marked as best answer by jany123 on Mar 25, 2023

DevinBrifm

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Reply #1 on: Mar 25, 2023
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jany123

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Reply 2 on: Mar 25, 2023
:D TYSM

samiel-sayed

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Reply 3 on: Yesterday
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