Please answer letters a,b and c. Thank you! Trading volume on the New York Stock Exchange has been growing in recent years. For the first two weeks f January 2018, the average daily volume was 646 million shares. The probability distribution of daily volume is approximately normal with a standard devation of about 100 million shares. a.) What is the probability trading volume will be less than 400 million shares? b.) What percentage of the time does the trading volume exceed 800 million shares? c.) If the exchange wants to issue a press release on the top 5% of trading days, what volume will trigger the release?
Please answer letters a,b and c. Thank you! Trading volume on the New York Stock Exchange has been growing in recent years. For the first two weeks f January 2018, the average daily volume was 646 million shares. The probability distribution of daily volume is approximately normal with a standard devation of about 100 million shares. a.) What is the probability trading volume will be less than 400 million shares? b.) What percentage of the time does the trading volume exceed 800 million shares? c.) If the exchange wants to issue a press release on the top 5% of trading days, what volume will trigger the release?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Please answer letters a,b and c. Thank you!
Trading volume on the New York Stock Exchange has been growing in recent years. For the first two weeks f January 2018, the average daily volume was 646 million shares. The
a.) What is the probability trading volume will be less than 400 million shares?
b.) What percentage of the time does the trading volume exceed 800 million shares?
c.) If the exchange wants to issue a press release on the top 5% of trading days, what volume will trigger the release?
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