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The price of shares of Bank of Florida at the end of trading each day for the last year followed the normal distribution. Assume there
The price of shares of Bank of Florida at the end of trading each day for the last year followed the normal distribution. Assume there were 240 trading days in the year. The mean price was $42.00 per share and the standard deviation was $2.25 per share.
(a) What was the stock's price on the highest 15 percent of days?
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