You Were Told That the Amount of Time Elapsed Between

question 110

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%.The middle 60% of the time elapsed will fall between which two numbers?

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Definitions:

Peel-Outs

Rapid acceleration in a vehicle causing the tires to spin and produce smoke, often leaving marks on the road surface.

Ferries

Boats or ships designed to carry passengers, vehicles, or cargo across a body of water, often as part of a regular, scheduled service.

Screening Techniques

Refers to methods used to identify or select specific characteristics or individuals from a larger population based on defined criteria.

Transition

A means of smoothly connecting different parts of a text or speech to ensure a coherent flow of ideas.