Monthly rates of return on the shares of a particular common stock are independent of one another

Question:

Monthly rates of return on the shares of a particular common stock are independent of one another and normally distributed with a standard deviation of 2.2.
A sample of 12 months is taken.
a. Find the probability that the sample standard deviation is less than 2.7.
b. Find the probability that the sample standard deviation is more than 1.3.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Statistics For Business And Economics

ISBN: 9781292315034

9th Global Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

Question Posted: