The Stock Price of a Particular Asset Has a Mean

question 5

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 95^th percentile of this stock price.

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

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Definitions:

Decentralization

Decision making based at lower levels of the organization.

Operating Employees

Staff members who are directly involved in the day-to-day operations of a business, contributing to its core activities and services.

Corporate Culture

The shared values, attitudes, standards, and beliefs that characterize members of an organization and define its nature.

Business Environment

Refers to the external and internal factors that influence the operations and success of a company, including competition, economic trends, and regulations.