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Probability based on Normal distribution.

The price of XYZ Corporation stock is normally distributed throughout the year with a mean of $42.00 per share and a standard deviation of $2.25 per share. Suppose that the stock is traded 240 days out of the year.

a. What percent of days is the price over $45.00?

b. What percent of days is the price between $38.00 and $40.00?

c. What is the stock's value at its highest on 15 days of the year? (Assume that there are 240 trading days in a year).

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M920133

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