You Were Told That the Amount of Time Elapsed Between

question 86

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 15 and 16 seconds?

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Definitions:

Performance

The execution or accomplishment of work, acts, or feats, often measured against known standards of accuracy, completeness, and speed.

Disidentification

The process by which an individual reduces their identification with a particular group to avoid negative stereotypes or associations.

Stereotype Threat

The risk of confirming negative stereotypes about one's social group, which can impair performance in a variety of settings.

Stigmatized Identity

An identity that is socially devalued or discriminated against due to characteristics that deviate from societal norms.