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We know that the daily mean of the olive oil price changes is 1.5% and the annual volatility is 40%. The olive oil is sold
We know that the daily mean of the olive oil price changes is 1.5% and the annual volatility is 40%. The olive oil is sold during the whole year in the market. What is the probability of a price change better than -4% for any day of the year ?
(2.63) = 0.004269243 (2.624) = 0.004345
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