The Stock Price of a Particular Asset Has a Mean

question 48

Multiple Choice

The stock price of a particular asset has a mean and standard deviation of $58.50 and $8.25, respectively. Use the normal distribution to compute the 95th percentile of this stock price.

• A) −1.645
• B) 1.645
• C) 44.93
• D) 72.07

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Definitions:

Prefixes

Prefixes are letters or groups of letters added to the beginning of a word to alter its meaning, such as "un-", "re-", and "pre-".

Suffixes

Suffixes are letter groups added at the end of a word to create a new word or change the word's form or meaning.

Morphemes

The smallest grammatical units in a language that carry meaning.

Smallest Meaningful Units

Refers to morphemes, the minimal units of meaning in a language.