Financial analysts who make forecasts of stock prices are categorized as either "buy-side" analysts or "sell-side" analysts. Mean and standard deviation of the forecast errors for both types of analysts are shown in the table. Assume the distribution of forecast erros are approzimately normally distributed.

Table:

	Buy-Side Analysts	Sell-Side Analysts
Mean	0.86	-0.07
Standard Deviation	1.96	0.85

Questions:

A: Find the probabilty taht a buy-side analyst has a forecast error of +2.01 or higher.

B: Find the probabilty that a sell-side analyst has a forecast error of +2.01 or higher.

Please show work and answer both A and B for full points. This is my first stats class and to say i'm lost is an understatement, so please again show work. 

Answer rating: 100% (QA)

PX A PZ A meanstandard deviation A Mean 086 standard d... View the full answer