Multiple Choice
A stockbroker has kept a daily record of the value of a particular stock over the years and finds that prices of the stock form a normal distribution with a mean of $8.52 with a standard deviation of $2.38. What percentage of the distribution lies below $7.42.
A) 17.72%
B) 32.28%
C) 82.28%
D) 31.92%
Correct Answer:
Verified
Correct Answer:
Verified
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