You Were Told That the Amount of Time Lapsed Between

question 1

Essay

You were told that the amount of time lapsed 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 lapsed between two consecutive trades to fall between 16 to 17
seconds was 13%.The probability that the time lapsed between two consecutive trades would
fall below 13 seconds was 7%.The probability is 20% that the time lapsed will be shorter how
many seconds?

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Definitions:

Bronfenbrenner

Urie Bronfenbrenner, a psychologist known for his ecological systems theory, which suggests that human development is influenced by different types of environmental systems.

Reflexes

Involuntary and instantaneous movements in response to stimuli, showcasing the body's inherent mechanisms for protection and survival.

Cognitive Development

The process through which a person's ability to think, understand, and memorize evolves over time.

Monozygotic Twins

Monozygotic twins are also known as identical twins, arising from a single fertilized egg that splits and develops into two individuals with identical genetic information.