StopOne stock follows a normal distribution with a mean price of $50 and a standard deviation of

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StopOne stock follows a normal distribution with a mean price of $50 and a standard deviation of $4.
a. Compute the probability the stock will range between $44 and $55 during the month of May?
b. Compute the probability the stock will rise above $55?
c. Compute the probability the stock will range between $52 and $55 after an announcement concerning new management?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Related Book For  book-img-for-question

Basic Statistics For Business & Economics

ISBN: 9781259268939

6th Canadian Edition

Authors: Douglas A. Lind, William G Marchal, Samuel A. Wathen, Carol Ann Waite

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