Question
K so here's the problem: Rates of return on stock are independent and normallydistributed with a standard deviation of 1.7 - A sample of 12months
Rates of return on stock are independent and normallydistributed with a standard deviation of 1.7 - A sample of 12months is taken.
a. Find probability that sample standard deviation is lessthan 2.5
b. Find probability that sample standard deviation is morethan 1.0
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Step: 1
a To find the probability that the sample standard deviation is less than 25 we can use the 6895997 ...Get Instant Access to Expert-Tailored Solutions
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Step: 3
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