The average stock price for a company is $30, and the variance is 67.24. Assume that the stock prices are normally distributed. Therefore, the probability a company will have a stock price at least $40 is Select one: a. 0.8888 b. 0.0000 c. 0.1112 d. none of them
The average stock price for a company is $30, and the variance is 67.24. Assume that the stock prices are normally distributed. Therefore, the probability a company will have a stock price at least $40 is Select one: a. 0.8888 b. 0.0000 c. 0.1112 d. none of them
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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![The average stock price for a company is $30,
and the variance is 67.24. Assume that the stock
prices are normally distributed. Therefore, the
probability a company will have a stock price at
least $40 is
Select one:
a. 0.8888
b. 0.0000
c. 0.1112
d. none of them](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe9001dcc-52a8-42ed-b599-e1457b1963b9%2F4baf6527-a95d-4c63-9552-56d3d57743c0%2Fnt0746.jpeg&w=3840&q=75)
Transcribed Image Text:The average stock price for a company is $30,
and the variance is 67.24. Assume that the stock
prices are normally distributed. Therefore, the
probability a company will have a stock price at
least $40 is
Select one:
a. 0.8888
b. 0.0000
c. 0.1112
d. none of them
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