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 25 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
Wow, this really help

milbourne11

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

The Hanuman langur, a widely distributed Asian colobine. The Hanuman langur, a widely distributed Asian colobine.
Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
Real Price of Oil, 1861–2010 Real Price of Oil, 1861–2010
Discrete random variables- Probability Distribution Function Discrete random variables- Probability Distribution Function
The price of rice in a small country is currently $6 per pound. In order to help low-income ... The price of rice in a small country is currently $6 per pound. In order to help low-income ...
Probability math jk Probability math jk
Video: Graded potentials - electrical characteristics and types

For a complete list of videos, visit our video library