ZuoTi.Pro
Question

A stockbroker has kept a daily record of the value of a particular stock over the...

A stockbroker has kept a daily record of the value of a particular stock over the years and finds that prices of the stock form a normal distribution with a mean of $17.89 and a standard deviation of $5.27. The stock price beyond which 1% (.01) of the distribution falls is ____________

math   Statistics-And-Probability   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

0 0
Add a comment
Know the answer?
Add Answer to:
A stockbroker has kept a daily record of the value of a particular stock over the...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • A stockbroker has kept a daily record of the value of a particular stock over the years and finds that prices of the st...

    A stockbroker has kept a daily record of the value of a particular stock over the years and finds that prices of the stock form a normal distribution with a mean of $17.89 and a standard deviation of $5.27. The stock price beyond which 1% (01) of the distribution falls is- - --(7 points). 4. What is the value of r for the following relationship between X and Y (18 points)? 5. 87 17 19 86 21 59 36 23...

  • Suppose you have been following a particular airline stock for many years. You are interested in...

    Suppose you have been following a particular airline stock for many years. You are interested in determining the average daily price of this stock in a 10-year period and you have access to the stock reports for these years. However, you do not want to average all the daily prices over 10 years because there are several thousand data points, so you decide to take a random sample of the daily prices and estimate the average. You want to be...

  • 8.43. Suppose you have been following a particular airline stock for many years. You are interested...

    8.43. Suppose you have been following a particular airline stock for many years. You are interested in determining the average daily price of this stock in a 10-year period and you have access to the stock reports for these years. However, you do not want to average all the daily prices over 10 years because there are several thousand data points, so you decide to take a random sample of the daily prices and estimate the average. You want to...

  • Question 11 (1 point) The daily stock price for International Business Machines (IBM) historically has followed...

    Question 11 (1 point) The daily stock price for International Business Machines (IBM) historically has followed an approximately normal distribution (when adjusting for inflation) with a mean of $134.915 and standard deviation of $4.3786 Approximately 20.13% of days IBM had a stock price less than what dollar amount? 1) We do not have enough information to calculate the value. 2) 131.25 3) 118.87 4) 150.96 5) 138.58

  • Below is a sample of share prices (in dollars) for a particular stock, selected at random...

    Below is a sample of share prices (in dollars) for a particular stock, selected at random over several years: 201 243 239 217 215 200 223 229 203 232 210 200 215 229 225 243 Use Excel (or another form of electronic assistance) to find the mean, median, mode, variance, standard deviation, and coefficient of variation for this sample. Make sure to add the numbers correctly! One simple mistake can cause several of your answers to be wrong. Mean =...

  • The daily changes in stock prices exhibit a random behavior, which means that these daily changes...

    The daily changes in stock prices exhibit a random behavior, which means that these daily changes are independent of each other and can be approximated by a normal distribution. To test this theory, collect data for one company that is traded on the Tokyo Stock Exchange, one company traded on the Shanghai Stock Exchange, and one company traded on the Hong Kong Stock Exchange and then do the following: 1.            Record the daily closing stock price of each of...

  • The daily changes in the closing price of stock follow a random walk. That is, these...

    The daily changes in the closing price of stock follow a random walk. That is, these daily events are independent of each other and move upward or downward in a random matter and can be approximated by a normal distribution. Let's test this theory. Use either a newspaper, or the Internet to select one company traded on the NYSE. Record the daily closing stock price of your company for the six past consecutive weeks (so that you have 30 values)....

  • For 300 trading​ days, the daily closing price of a stock​ (in $) is well modeled...

    For 300 trading​ days, the daily closing price of a stock​ (in $) is well modeled by a Normal model with mean ​$196.12 and standard deviation ​$7.12 According to this​model, what cutoff value of price would separate the ​a) lowest 11​% of the​ days? ​b) highest 0.77%? ​c) middle 52%? ​d) highest 50%?

  • For 300 trading days, the daily closing price of a stock (in $) is well modeled...

    For 300 trading days, the daily closing price of a stock (in $) is well modeled by a Normal model with mean $195.61 and standard deviation $7.15. According to this model, what cutoff value of price would separate the a) lowest 11% of the days? b) highest 0.86%? c) middle 58%? d) highest 50%?

  • 1. Assume that the daily profits X of a certain company has a normal distribution with unknown me...

    Advanced Statistics. 1. Assume that the daily profits X of a certain company has a normal distribution with unknown mean μ and standard deviation σ 8 and that we wish to test the Ho 10 against Hi:H< 10 (a) Suppose the the profits over a random sample of n 64 days will be observed Analyst A will reject Ho if the mean daily profits satisfies T <9; hypotheses by two analysts Analyst B will reject Ho if the mean daily...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT