Suppose the Daily Change in Price of a Stock Is

question 56

Multiple Choice

Suppose the daily change in price of a stock is normally distributed with mean = .20 and standard deviation = .30. What price change is associated with the 25th percentile?

• A) .1925
• B) .2075
• C) .401
• D) −.002

---

Definitions:

Agents of Socialization

People, groups, and institutions that shape an individual's social development and norms through processes such as education, family interactions, and media consumption.

Foundation

An entity, often a nonprofit organization, that provides funding and support for charitable activities or research in specific areas of interest.

Expressions Given Off

Nonverbal cues or signals that are unconsciously emitted by individuals, revealing their emotions or attitudes.

Manipulate

To control or influence a person, situation, or system cleverly, unfairly, or unscrupulously.