Question
Exercise II: Normal Distribution The average price of the shares owned by S & P500 is $ 30 and the standard deviation is $ 8.20
Exercise II: Normal Distribution
The average price of the shares owned by S & P500 is $ 30 and the standard deviation
is $ 8.20 (BusinessWeek, Special Annual Issue, Spring 2003). Suppose the prices of
shares are normally distributed.
a)What is the probability that the price of a company's stock is at least
of $ 40?
b)That the price of a company's stock is not more than $ 20?
c)How much should the stock prices of a company be to be between 10% top?
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Managerial Accounting For Dummies
Authors: Mark P Holtzman, Karen Schoenebeck
1st Edition
1118116429, 978-1118116425
