You Were Told That the Amount of Time Lapsed Between

question 15

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 middle 60% of the time lapsed will fall between which two
numbers?

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Definitions:

One Country

A principle often mentioned in discussions about the sovereignty and political structure, especially in contexts where there's a focus on maintaining national unity in areas with complex histories.

International Trade

The exchange of goods and services between countries, which plays an essential role in the global economy.

Foreign Investment

Capital investment made by individuals or entities in one country into business interests or assets in another country, typically in the form of direct investments or portfolio investments.

No Increase

A situation where there is no growth, escalation, or elevation in quantity, size, intensity, or level of a specific entity or phenomenon.