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:

Nervous System

The network of nerve cells and fibers that transmits nerve impulses between parts of the body, enabling communication and response to the environment.

Voluntary Eye Movements

Eye movements that are consciously controlled, allowing for the visual scanning of the environment.

Motion Parallax

A depth cue that involves the relative movement of objects as the observer moves, allowing for the perception of three-dimensional depth.

Target

A predetermined goal or objective towards which efforts are directed.