The average stock price for companies making up the S&P 500 is $30, and the standard deviation is $8.20. Assume the stock prices are normally distributed. What is the probability a company will have a stock price between $30 and $40? How high does a stock price have to be to put a company in the top 10%?
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The average stock price for companies making up the S&P 500 is $30, and the standard deviation is $8.20. Assume the stock prices are normally distributed. What is the probability a company will have a stock price between $20 and $40? How high does a stoc
The average stock price for companies making up the S&P 500 is $30, and the standard deviation is $8.20. Assume the stock prices are normally distributed. What is the probability a company will have a stock price of at least $40? (Round to four decimal places) What is the probability a company will have a stock price no higher than $20? (Round to four decimal places) How high does a stock price have to be to put a company in...
2.The average stock price for companies making up the S&P 500 is $30, and the standard deviation is $8.20. Assume the stock prices are normally distributed. What is the probability a company will have a stock price of at least $40? (Round to four decimal places) What is the probability a company will have a stock price no higher than $20? (Round to four decimal places) How high does a stock price have to be to put a company in...
show work 12. (10 points) The average stock price for companies making up the S&P 500 is $30, and the standard deviation is $18.20 (Business Week, Special Annual Issue, Spring 2003). Assume the stock prices are normally distributed. (b) What is the probability that a company will have a stock price of at least $40 (to 4 decimals)? (e) What is the probability that a company will have a stock price no higher than $20 (to 4 decimals)?
The price of a stock is uniformly distributed between $30 and $40. a. Write the probability density function, f(x), for the price of the stock. b. Determine the expected price of the stock. c. Determine the standard deviation for the stock. d. What is the probability that the stock price will be between $34 and $38?
Do the following problems: and for a product of Carolina Industries varies greatly from month to month. Based on the past two years of data, the following shows the monthly demand at Carolina Industries Unit Demand #Months 300 400 500 600 a. If the company places monthly orders equal to the expected value of the monthly demand, what should Carolina's monthly order quantity be for this product? b. What are the variance and the standard deviation for the number of...
Swakopmund salt company salt prices for 50kg bags are normally distributed with an average price of $55 per bag and a standard deviation of $22. ( Show all your work and draw the distribution in) a) What is the probability that the price is between $40 and $60? b) What is the probability that the price is in excess of $80? c) What is the probability that the price is less than $35? d) What percentage of starting the price...
1. The average amount parents and children spent per child on back-to-school clothes in Autumn 2010 was $527. Assume the standard deviation is $160 and that the amount spent is normally distributed. What is the probability that the amount spent on a randomly selected child is more than $700? (Round to four decimal places) What is the probability that the amount spent on a randomly selected child is less than $100? (Round to four decimal places) What is the probability...
Assume math scores on the SAT are normally distributed with a mean of 500 and a standard deviation of 100. a. What is the probability that one randomly selected individual taking the sat will have a Math score of more than 530? b. What is the probability that one randomly selected individual taking the SAT will have a Math score between 450 and 600?c. Find the 60th percentile of these scores.
The average price for a SPURS game package is $1,200 with a standard deviation of $220. Assume Spurs ticket prices are normally distributed. 13. Refer to Exhibit Four. What is the probability that a SPURSpackage will have a price of at least $1,530? a. 1.4332 b. 0.5668 c. 0.4332 d. 0.0668 e. None of the above answers is correct
I. Assume that z is normally distributed with a specified mean and standard deviation. Find the indicated probabilities: c, p(x 120); μ 100 ; ơ--15 2. Find z such that 28% of the standard normal curve lies to the right of z. 3. A person's blood glucose level and diabetes are closely related. Let x be a random variable measured in milligrams of glucose per deciliter of blood. After a 12- hour fast, the random variable x will have a...