A company has a mean earnings per share (EPS) of $3.25 with a standard deviation of $1.21.
Question:
A company has a mean earnings per share (EPS) of $3.25 with a standard deviation of $1.21. Assume that the earnings are normally distributed. Compute the probability that EPS will be:
(a) Between $1.50 and $6.00
(b) Above $5.00
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To calculate the probability of a certain range of values in a normally distributed dataset we first ...View the full answer
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Related Book For 
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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