You Were Told That the Amount of Time Elapsed Between

question 99

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 middle 86% of the time elapsed will fall between which two numbers?

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Definitions:

Different Peoples

A term referring to diverse groups of individuals distinguished by cultural, ethnic, linguistic, or racial characteristics.

Progressive Definition

An approach that advocates for reforms and improvements in society by gradually implementing changes or advancements.

Freedom

Authority or freedom to undertake actions, articulate thoughts, or conceptualize freely without any constraints or suppressions.

Great Migration

Large-scale migration of southern blacks during and after World War I to the North, where jobs had become available during the labor shortage of the war years.