Question
For a population automobile drives in a medium-sized city (population about 100,000), the traffic police ticketed numerous drivers speeding in school zones during school hours.
For a population automobile drives in a medium-sized city (population about 100,000),
the traffic police ticketed numerous drivers speeding in school zones during school hours. The drivers' ticketed speeds formed a normal distribution with a mean of = 35 (miles per hour) and = 5. With these parameters, answer the associated question(s). What proportion (not percent) of the ticketed drivers were driving equal to or faster than 50 mph?
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An Introduction to the Mathematics of Financial Derivatives
Authors: Ali Hirsa, Salih N. Neftci
3rd edition
012384682X, 978-0123846822
