You Were Told That the Amount of Time Lapsed Between

question 117

Short Answer

You were told that the amount of time lapsed between consecutive trades on the New York Stock Exchange 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 middle 86% of the time lapsed will fall between which two numbers?

---

Definitions:

Class

A blueprint for creating objects in object-oriented programming, consisting of methods and attributes.

AddWindowListener

A method used in Java to add an event listener to a window, allowing the program to respond to window events, such as opening or closing.

Class JFrame

A class in the Java Swing library for creating and managing windows.

Method

A function or a procedure in programming languages that is associated with a class or object and performs a specific task.