Assuming That the Change in Daily Closing Prices for Stocks

Multiple Choice

Assuming that the change in daily closing prices for stocks on the New York Stock Exchange is a random variable that is normally distributed with a mean of $.35 and a standard deviation of $.33. Based on this information, what is the probability that a randomly selected stock will close up $.75 or more?

A) 0.3869
B) 0.1131
C) 0.7100
D) 0.8869