The Price of a Stock Is Uniformly Distributed Between $30

question 75

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.

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Definitions:

Revised

Updated or modified to correct or improve upon a previous version.

Projective Personality

An assessment method where individuals interpret ambiguous stimuli, revealing hidden emotions, drives, and desires.

Conners 3rd Edition

A psychological instrument that assesses attention deficit hyperactivity disorder (ADHD) and related disorders in children and adolescents.

Objective Personality

Personality assessments that utilize measurable outcomes and standardized instruments to evaluate personal characteristics in a non-biased manner.