Use the 68-95-99.7 Rule to approximate the probability rather than using technology to find the values more precisely The daily closing price of a stock (in $) is well modeled by a Normal model with mean $158.69 and standard deviation $4.84. According to this model, what cutoff value(s) of price would separate the following percentage? a) lowest 16% b) lowest 50% d) highest 0.15% c) middle 99.7%

Use the 68-95-99.7 Rule to approximate the probability rather than using technology to find the values more precisely The daily closing price of a stock (in $) is well modeled by a Normal model with mean $158.69 and standard deviation $4.84. According to this model, what cutoff value(s) of price would separate the following percentage? a) lowest 16% b) lowest 50% d) highest 0.15% c) middle 99.7%

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section4.5: Correlation And Causation

Problem 2CYU

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