An analyst believes that the price of an IBM stock is a normally distributed random variable with

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An analyst believes that the price of an IBM stock is a normally distributed random variable with mean $105 and variance 24. The analyst would like to determine a value such that there is a 0.90 probability that the price of the stock will be greater than that value. Find the required value.

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Complete Business Statistics

ISBN: 9780077239695

7th Edition

Authors: Amir Aczel, Jayavel Sounderpandian

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