You Were Told That the Amount of Time Elapsed Between

question 170

Short Answer

You were told that the amount of time elapsed 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 elapsed between two consecutive trades to fall between 16 to 17 seconds was 13%.The probability that the time elapsed between two consecutive trades would fall below 13 seconds was 7%.What is the probability that the time elapsed between two consecutive trades will be between 13 and 16 seconds?

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Definitions:

Food Web

A network of interlinked food chains in an ecosystem, showing how each organism is food for the next level.

Complex Feeding

Refers to the intricate interactions and food webs in ecosystems, involving multiple levels of producers, consumers, and decomposers.

Biological Diversity

The variety and variability of life on Earth, including diversity within species, between species, and of ecosystems.

Biodegradable

Materials that can be broken down into natural elements by microorganisms over time, without harming the environment.