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The closing price of Schnur Sporting Goods Inc. common stock is uniformly distributed between $23 and $40 per share. What is the probability that the
The closing price of Schnur Sporting Goods Inc. common stock is uniformly distributed between $23 and $40 per share. |
What is the probability that the stock price will be: |
a. | More than $36?(Round your answer to 4 decimal places.) |
Probability |
b. | Less than or equal to $25?(Round your answer to 4 decimal places.) |
Probability |
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