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. 0.3
b. 0.2
c. 0.4
d. $35
e. $2.89
You might also like to view...
Which of the following would be considered goods?
A) company shares B) crops C) trade secrets D) money
Rob owns 300 shares of Blackwood common stock valued at $9 a share. Blackwood has declared a 3-for-1 stock split effective tomorrow. After the split, Rob will own
A) 100 shares valued at about $27 a share. B) 100 shares valued at about $3 a share. C) 900 shares valued at about $27 a share. D) 900 shares valued at about $3 a share.
The TRIP, GUIDE, and ____ tables are part of the Colonial Adventure Tours database
a. SALES b. LOCATION c. CUSTOMER d. REP
Which of the following jobs could NOT be made more efficient and productive through the principle of motion economy?
A) teacher B) tailor C) mason D) bartender E) house cleaner