A stockbroker has kept a daily record of the value of a particular stock over the years and finds that prices of the stock form a normal distribution with a mean of 8.52 with a standard deviation of 2.38 . The stock price beyond which 0.05 of the distribution falls is _________.
a. 4.60 c. 4.57
b. 12.47 d. 12.44
Question 2
A stockbroker has kept a daily record of the value of a particular stock over the years and finds that prices of the stock form a normal distribution with a mean of 8.52 with a standard deviation of 2.38. What percentage of the distribution lies below 7.42.
a. 17.72 c. 82.28
b. 32.28 d. 31.92
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What amount was invested 35 years ago at 7% compounded semiannually if the value of the ...