You Were Told That the Amount of Time Elapsed Between

question 14

Short Answer

You were told that the amount of time elapsed between consecutive trades on a foreign stock exchange market followed a normal distribution with a mean of 15 seconds.You were also told that the probability that the time elapsed between two consecutive trades to fall between 16 to 17 seconds was 13%.The probability that the time elapsed between two consecutive trades would fall below 13 seconds was 7%.What is the probability that the time elapsed between two consecutive trades will be between 14 and 17 seconds?

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Definitions:

EEG Activity

The recording of electrical activity along the scalp produced by the firing of neurons within the brain, typically used to diagnose sleep disorders, epilepsy, and brain diseases.

Light Sleep

A stage of sleep characterized by low amplitude, high frequency brain waves and easier arousal compared to deeper sleep stages.

Socio-historical Context

The mix of social and historical factors at a specific time that affect the environment surrounding an individual or community.

Psychoactive Drug

Any substance that affects the mind, altering mood, perception, or consciousness, including medications and recreational drugs.