You Were Told That the Amount of Time Elapsed Between

question 91

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 80% that the time elapsed will be longer than how many seconds?

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Definitions:

Epineurium

The outermost layer of connective tissue surrounding a peripheral nerve, providing protection and support.

Nerve Fibers

Long projections of neurons that transmit electrical impulses throughout the body, facilitating communication between the brain, spinal cord, and other areas.

Connective Tissue

A variety of body tissue that provides support, binds, or divides various tissues and organs within the body.

Myelin Sheath

A fatty layer that surrounds nerve fibers, providing insulation and enhancing electrical transmission along the neuron.