Suppose that the average stock price for companies making up the S&P 500 is $30. The standard deviation is $8.20. Assume that the stock prices are normally distributed. What is the probability that a S&P 500 company’s stock price is at least $40? (b) How high would a company’s stock price have to be to put it in the top 10% of S&P 500?

Suppose that the average stock price for companies making up the S&P 500 is $30. The standard deviation is $8.20. Assume that the stock prices are normally distributed. What is the probability that a S&P 500 company’s stock price is at least $40? (b) How high would a company’s stock price have to be to put it in the top 10% of S&P 500?

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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