You Were Told That the Amount of Time Elapsed Between

question 19

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%.The probability is 20% that the time elapsed will be shorter how many seconds?

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Definitions:

Ju/'hoansi

A hunter-gatherer people living in the Kalahari Desert of southern Africa, recognized for their rich cultural heritage and deep knowledge of the environment.

Older Women

Female individuals of a relatively advanced age, often considered within a societal context for their roles, experiences, or statuses.

Trance State

A temporary mental condition often characterized by hyper-focused attention, reduced peripheral awareness, and heightened suggestibility.

Ju/'hoansi

The Ju/'hoansi are a group of indigenous people belonging to the San society, known for their hunter-gatherer lifestyle predominantly in the Kalahari Desert area.