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SOLVED: 'Assuming that the change in daily closing prices for stocks on the New York Stock Exchange is a random variable that is normally distributed with a mean of S0.35 and a standard deviation of 0.33. Based on this information, what is the probabilitiesthat a randomly selected stock will be lower by S0.40 or more? that a randomly selected stock will be between S0.30 and S0.45?'
SOLVED: 'Assuming that the change in daily closing prices for stocks on the New York Stock Exchange is a random variable that is normally distributed with a mean of S0.35 and a standard deviation of 0.33. Based on this information, what is the probabilitiesthat a randomly selected stock will be lower by S0.40 or more? that a randomly selected stock will be between S0.30 and S0.45?'
numerade.com
May 28, 2022
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