Question
Suppose Stock Price Per Earnings (P/E Ratios) have a normal distribution with mean 15 and standard deviation 5. What proportion of the stocks have a
Suppose Stock Price Per Earnings (P/E Ratios) have a normal distribution with mean 15 and standard deviation 5. What proportion of the stocks have a P/E ratio greater than 22? Choose the CLOSEST ANSWER.
Group of answer choices
.90
.10
.60
.40
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Suppose Stock Price Per Earnings (P/E Ratios) have a normal distribution with mean 15 and standard deviation 5. Find the cutoff point for the highest 10% of the P/E/ ratios. Choose the CLOSEST ANSWER.
Group of answer choices
14
0
7
21
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According to the 68-95-99.7 Rule, if the values have a normal distribution, about 95% of the values will lie within _________ standard deviations of the mean.
Group of answer choices
1
3
2
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