# Question: Assume that the stock market closed at 13 246 points today

Assume that the stock market closed at 13,246 points today. Tomorrow you expect the market to rise a mean of 4 points, with a standard deviation of 115 points. Assume a normal distribution. a. Find the probability that the stock market goes down tomorrow.

b. Find the probability that the market goes up more than 50 points tomorrow.

c. Find the probability that the market goes up more than 100 points tomorrow.

d. Find the probability that the market goes down more than 150 points tomorrow.

e. Find the probability that the market changes by more than 200 points in either direction.

b. Find the probability that the market goes up more than 50 points tomorrow.

c. Find the probability that the market goes up more than 100 points tomorrow.

d. Find the probability that the market goes down more than 150 points tomorrow.

e. Find the probability that the market changes by more than 200 points in either direction.

**View Solution:**## Answer to relevant Questions

A new project will be declared “successful” if you achieve a market share of 10% or more in the next two years. Your marketing department has considered all possibilities and decided that it expects the product to attain ...You are planning to interview 350 consumers randomly selected from a large list of likely sales prospects, in order to assess the value of this list and whether you should assign salespeople the task of contacting them all. ...A TV system is expected to last for 50,000 hours before failure. Assume an exponential distribution for the time until failure. a. Is the distribution skewed or symmetric? b. What is the standard deviation of the length of ...Suppose males and females are equally likely and that the number of each gender follows a binomial distribution. a. Find n and π for the binomial distribution of the number of males. b. Find n and π for the binomial ...a. What is a random sample? b. Why is a random sample approximately representative? c. What is the difference between a random sample selected with and one selected without replacement? d. What is a table of random digits? ...Post your question