a) Assuming that daily Non-Fungible Token (NFT)price movements are normally distributed, with a mean return of 0.19%
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Question:
a)Assuming that daily Non-Fungible Token (NFT)price movements are normally distributed, with a mean return of 0.19% and a standard deviation of 1.95%, calculate the following:
i)The probability that the price movement on a single day will lower than -5%
ii)The probability that the price movement on a single day will be between -2% and +2%
iii)The level of return which will only be exceeded 5% of the time
Related Book For
Elementary Statistics Picturing The World
ISBN: 9780321911216
6th Edition
Authors: Ron Larson, Betsy Farber
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