The daily percentage change in the value of a companys shares is expected to be normally distributed
Question:
The daily percentage change in the value of a company’s shares is expected to be normally distributed with mean 0 and standard deviation 0.51. On how many of the next 365 working days should the company expect the value of its shares to fall by more than 1%?
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solution Given Mean0 Standard Deviation051 z 10051 196...View the full answer
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Narendra Naik
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Related Book For 
Cambridge International AS & A Level Mathematics Probability & Statistics 1 Coursebook
ISBN: 9781108407304
1st Edition
Authors: Dean Chalmers, Julian Gilbey
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