The price of a stock is uniformly distributed between $30 and $40. a. What is the probability
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Question:
The price of a stock is uniformly distributed between $30 and $40.
a. What is the probability that the stock price will be more than $37?
b. What is the probability that the stock price will be less than or equal to $32?
c. What is the probability that the stock price will be between $34 and $38?
d. Determine the expected price of the stock.
e. Determine the standard deviation for the stock price.
Related Book For
Discrete Mathematics and Its Applications
ISBN: 978-0073383095
7th edition
Authors: Kenneth H. Rosen
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