Essay
You were told that the amount of time lapsed between consecutive trades on a foreign stock
exchange market followed a normal distribution with a mean of 15 seconds.You were also told
that the probability that the time lapsed between two consecutive trades to fall between 16 to 17
seconds was 13%.The probability that the time lapsed between two consecutive trades would
fall below 13 seconds was 7%.The probability is 80% that the time lapsed will be longer than
how many seconds?
Correct Answer:
Verified
Correct Answer:
Verified
Q25: True or False: The probability that a
Q26: Let X represent the amount of time
Q27: If we know that the length of
Q28: Which of the following about the normal
Q29: If we know that the length of
Q31: You were told that the amount of
Q32: You were told that the amount of
Q34: True or False: The probability that a
Q35: True or False: Theoretically, the mean, median,
Q75: The value of the cumulative standardized normal