The price of a stock is uniformly distributed between $30 and $40
a. What is the probability that the stock price will be more than $37?
b. What is the probability that the stock price will be less than or equal to $32?
c. What is the probability that the stock price will be between $34 and $38?
d. Determine the expected price of the stock.
e. Determine the standard deviation for the stock price.
a. .3
b. .2
c. .4
d. $35
e. $2.89
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