You Were Told That the Amount of Time Lapsed Between

question 3

Short Answer

You were told that the amount of time lapsed between consecutive trades on the New York Stock Exchange 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:

Emotional Responses

The psychological and physical reactions to stimuli that are perceived as significant or important.

Anger

A strong feeling of displeasure or hostility typically sparked by a perceived wrong or injustice.

Ambiguous Visual Cliff

A psychological experiment setup to investigate depth perception and fear of falling in infants.

Emotion

A complex psychological state that involves an individual's subjective experience, physiological response, and behavioral or expressive response.