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A fiNancial Advising Company Has Determined That the Price-To-Earnings Ratios

question 138

Multiple Choice

A financial advising company has determined that the price-to-earnings ratios for 20 randomly
Selected publicly traded companies range between 0.9 and 2.9. Given that the price-to-earnings
Ratios are uniformly distributed, what percent of price-to-earnings ratios are between 1.90 and 2.48?


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