Short Answer
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.
Correct Answer:
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a.0.3
b.0....View Answer
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Correct Answer:
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b.0....
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