The closing price of Schnur Sporting Goods Inc. common stock is uniformly distributed between $20 and $30

Question:

The closing price of Schnur Sporting Goods Inc. is uniformly distributed between $20 and $30 per share. What is the probability that the stock price will be:
a. More than $27?
b. Less than or equal to $24?

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...