The price of a stock is uniformly distributed between $30 and $40. a. What is the probability

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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.

Related Book For answer-question

Discrete Mathematics and Its Applications

ISBN: 978-0073383095

7th edition

Authors: Kenneth H. Rosen

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Posted Date: May 03, 2019 01:52 AM

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The price of a stock is uniformly distributed between $30 and $40. a. What is the probability

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