The price per share (in dollars) of a particular mutual fund is a random variable x with

Question:

The price per share (in dollars) of a particular mutual fund is a random variable x with probability density function defined by

(a) Find the probability that the price will be less than $8.50.
(b) Find the expected value of the price.
(c) Find the standard deviation.

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Calculus With Applications

ISBN: 9780135871348

12th Edition

Authors: Margaret L. Lial

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Question Posted: Jan 23, 2023 11:10 PM

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The price per share (in dollars) of a particular mutual fund is a random variable x with

Question:

3 f(x) = 2³/(x² - 16x + 65) for x in [8, 9].

Step by Step Answer:

a b The expected value of the price is 856 ...View the full answer

Calculus With Applications

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