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Suppose that an investor believes that the price of gold is like a normal random various mean value of 1000 TL (per ounce) and standard
Suppose that an investor believes that the price of gold is like a normal random various mean value of 1000 TL (per ounce) and standard deviation of 200 TL The policy of the investor is to start buying gold only when the probability of the price of gold falling any further is 0.02275. Given this, what is the critical price of gold at which this investor buy gold (10 Points 500 1400 Suppose that an investor believes that the price of gold is like a normal random various mean value of 1000 TL (per ounce) and standard deviation of 200 TL The policy of the investor is to start buying gold only when the probability of the price of gold falling any further is 0.02275. Given this, what is the critical price of gold at which this investor buy gold (10 Points 500 1400
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