An analyst believes that the price of an IBM stock is a normally distributed random variable with
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An analyst believes that the price of an IBM stock is a normally distributed random variable with mean $105 and variance 24. The analyst would like to determine a value such that there is a 0.90 probability that the price of the stock will be greater than that value. Find the required value.
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Related Book For
Complete Business Statistics
ISBN: 9780077239695
7th Edition
Authors: Amir Aczel, Jayavel Sounderpandian
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