Question
The average amount of rain in Dallas, Texas, during the month of April is 3.0 inches. Assume that a normal distribution applies and that the
The average amount of rain in Dallas, Texas, during the month of April is 3.0 inches. Assume that a normal distribution applies and that the standard deviation is 0.8 inches.
What percent of the time is the amount of rainfall in April less than 3.5 inches ?
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An Introduction to the Mathematics of financial Derivatives
Authors: Salih N. Neftci
2nd Edition
978-0125153928, 9780080478647, 125153929, 978-0123846822
