Assuming That the Change in Daily Closing Prices for Stocks

question 55

Multiple Choice

Assuming that the change in daily closing prices for stocks on the New York Stock Exchange is a random variable that is normally distributed with a mean of $.35 and a standard deviation of $.33. Based on this information, what is the probability that a randomly selected stock will close up $.75 or more?

• A) 0.3869
• B) 0.1131
• C) 0.7100
• D) 0.8869

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Definitions:

Carbon Tetrabromide

A chemical compound with the formula CBr4, known for its high density and usage in organic synthesis as a solvent or reagent.

Sulfur Trioxide

A chemical compound with the formula SO3, which is a key intermediate in the sulfuric acid manufacturing process, known for its role in acid rain formation when released into the atmosphere.

Dihydrogen Selenide

A chemical compound with the formula H2Se, a colorless, toxic gas with the smell similar to rotten horseradish.

Sulfur Tetrafluoride

A chemical compound with the formula SF4, known for its unique geometry and ability to act as a ligand in coordination complexes.