Suppose that the value of a stock varies each day from $18 to $27 with a uniform distribution. (a) Find the probability that the value of the stock is more than $21. (Round your answer to four decimal places.) (b) Find the probability that the value of the stock is between $21 and $26. (Round your answer to four decimal places.) (c) Given that the stock is greater than $20, find the probability that the stock is more than $25. (Round your answer to four decimal places.)
Suppose that the value of a stock varies each day from $18 to $27 with a uniform distribution. (a) Find the probability that the value of the stock is more than $21. (Round your answer to four decimal places.) (b) Find the probability that the value of the stock is between $21 and $26. (Round your answer to four decimal places.) (c) Given that the stock is greater than $20, find the probability that the stock is more than $25. (Round your answer to four decimal places.)
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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Suppose that the value of a stock varies each day from $18 to $27 with a uniform distribution.
(a)
Find the probability that the value of the stock is more than $21. (Round your answer to four decimal places.)
(b)
Find the probability that the value of the stock is between $21 and $26. (Round your answer to four decimal places.)
(c)
Given that the stock is greater than $20, find the probability that the stock is more than $25. (Round your answer to four decimal places.)
Transcribed Image Text:Suppose that the value of a stock varies each day from $18 to $27 with a uniform distribution.
(a) Find the probability that the value of the stock is more than $21. (Round your answer to four decimal places.)
X
(b) Find the probability that the value of the stock is between $21 and $26. (Round your answer to four decimal places.)
X
(c) Given that the stock is greater than $20, find the probability that the stock is more than $25. (Round your answer to four decimal places.)
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