Question
The duration of a certain electronic component has an average of 850 days and a standard deviation of 45 days. Calculate the probability that component
The duration of a certain electronic component has an average of 850 days and a standard deviation of 45 days. Calculate the probability that component last:
a) Between 700 and 1,000 days;
b) More than 800 days;
c) Less than 750 days;
d) Exactly 1,000 days.
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An Introduction to the Mathematics of financial Derivatives
Authors: Salih N. Neftci
2nd Edition
978-0125153928, 9780080478647, 125153929, 978-0123846822
