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:

Open

Susceptible to new experiences, ideas, or suggestions without immediate judgment or resistance.

Spontaneous

Occurring naturally, without being planned in advance or prompted by external influences.

Psychoanalytic Perspective

A theory in psychology which asserts that psychological issues stem from unconscious conflicts rooted in childhood experiences.

Unconscious Conflict

Psychological struggles within the unconscious mind, often stemming from repressed thoughts or feelings, that can influence behavior and emotions.