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The price of a share of a particular stock listed on the New York Stock Exchange is currently $36. The following probability distribution shows how

The price of a share of a particular stock listed on the New York Stock Exchange is currently $36. The following probability distribution shows how the price per share is expected to change over a three-month period:

Stock Price Change ($) Probability
-4 0.20
-3 0.25
-2 0.15
-1 0.05
0 0.10
1 0.20
2 0.05

A. Set up intervals of random numbers that can be used to generate the change in stock price over a three-month period. If required, round your answers to two decimal places.

Stock Price Change Probability Interval
-4 0.20 ---------but less than-------
-3 0.25 ---------but less than--------
-2 0.15 ---------but less than -----
-1 0.05 ---------but less than --------
0 0.10 --------- but less than--------
+1 0.20 --------but less than ------
+2 0.05 ----------but less than --------

B. With the current price of $36 per share and the random numbers 0.5913, 0.9853, 0.9371 and 0.1389, simulate the price per share for the next four 3-month periods.

Random Number Price Change Ending Price Per Share
0.5913 $
0.9853 $
0.9371 $
0.1389 $

What is the ending simulated price per share? $ ----------

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