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You Were Told That the Amount of Time Lapsed Between

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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%. What is the probability that the time lapsed between two consecutive trades will be between 13 and 16 seconds?


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Destination

The intended end point or goal of a journey or an effort.

Feedback

Information provided as a response to a process or activity, used as a basis for improvement, learning, or performance adjustment.

Richness

The quality or state of being abundant or in great quantities, often used in the context of material wealth, cultural wealth, or biodiversity.

Feedback

Information provided regarding aspects of one's performance or behavior, intended to affirm strengths or identify areas for improvement.

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