You Were Told That the Amount of Time Lapsed Between

question 50

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%. What is the probability that the time lapsed between two consecutive trades will be between 14 and 15 seconds?

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Definitions:

Coping Types

refers to the various strategies and mechanisms individuals use to manage stress, challenges, or difficult emotions.

Emotional Labor Techniques

Strategies employed to manage and regulate one's emotions to meet the emotional requirements of a job.

Stress

refers to a state of mental or emotional strain or tension resulting from adverse or demanding circumstances.

Hindrance Stressors

Stress factors that impede progress towards achieving personal or professional goals.