A stock's price fluctuations are approximately normally distributed with a mean of $26.94 and a standard deviation of $3.54. You decide to sell whenever the price reaches its highest 10% of values. What is the highest value you would still hold the stock? Homework Help: 4VE. Determining values from normal distributions based on probabilities (2:42) 4DC. Using normal distributions and probabilities to determine set values (DOCX $23.40 $31.48 $22.40 $30.48

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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A stock's price fluctuations are approximately normally distributed with a mean of
$26.94 and a standard deviation of $3.54. You decide to sell whenever the price
reaches its highest 10% of values. What is the highest value you would still hold
the stock?
Homework Help:
4VE. Determining values from normal distributions based on probabilities (2:42)
4DC. Using normal distributions and probabilities to determine set values (DOCX
$23.40
$31.48
$22.40
$30.48
Transcribed Image Text:A stock's price fluctuations are approximately normally distributed with a mean of $26.94 and a standard deviation of $3.54. You decide to sell whenever the price reaches its highest 10% of values. What is the highest value you would still hold the stock? Homework Help: 4VE. Determining values from normal distributions based on probabilities (2:42) 4DC. Using normal distributions and probabilities to determine set values (DOCX $23.40 $31.48 $22.40 $30.48
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