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For 300 tradingdays, the daily closing price of a stock(in $) is well modeled by a Normal model with mean $ 196.61 196.61 and standard
For 300 tradingdays, the daily closing price of a stock(in $) is well modeled by a Normal model with mean $196.61
196.61 and standard deviation $7.18. According to thismodel, what cutoff value of price would separate the
a) lowest 19% of thedays?
b) highest 0.21%?
c) middle 70%?
d) highest 50%?
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