Suppose that the distribution of oil prices ($/bbl) is forecast to be T(50, 65, 105). (a) Find

Question:

Suppose that the of oil prices ($/bbl) is forecast to be T(50, 65, 105).
(a) Find the mean.
(b) Find the standard deviation.
(c) Find the probability that the price will be greater than $75.
(d) Sketch the and shade the area for the event in part (c). Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...