You Were Told That the Amount of Time Lapsed Between

question 147

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%. What is the probability that the time lapsed between two consecutive trades will be between 14 and 17 seconds?

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Definitions:

Sperm

The male reproductive cell or gamete, capable of fertilizing the female ovum to produce offspring.

Mesoderm

The middle layer of an embryo in early development, which gives rise to muscles, bones, and the circulatory system.

Skeletal System

The organ system that provides support, protection, and movement to the body through bones and connective tissues.

Extraembryonic Membrane

Membranes, such as the amnion and placenta, that are not part of the embryo but are essential for its development and survival.