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?
The price of a stock is uniformly distributed between $30 and $40. a. Write the probability...
2 The price of a stock is uniformly distributed between $35 and $45. (8) a. What is the probability that the stock price will be more than $427 b. What is the probability that the stock price will be less than or equal to $372 c. What is the probability that the stock price will be between $39 and 5437 d. Determine the expected price of the stock
1. The price of a bond is uniformly distributed between $80 and $85. (Please show work) a. What is the probability that the bond price will be at least $83? b. Determine the expected price of the bond. c. Compute the standard deviation for the bond price.
The driving time for an individual from his home to his work is uniformly distributed between 300 to 450 seconds. Determine the first line of the probability density function. a. (1 point) What is the probability that the driving time will be less than or equal to 435 b. seconds? (1 point) c. What is the expected driving time? (1 point) d. What is the variance for this distribution? (1 point) What is the standard deviation for this distribution? e....
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%?
The time it takes a student to finish a chemistry test is uniformly distributed between 50 and 70 minutes. What is the probability density function for this uniform distribution? Find the probability that a student will take between 40 and 60 minutes to finish the test. Find the probability that a student will take no less than 55 minutes to finish the test. What is the expected amount of time it takes a student to finish the test? What is...
Suppose that the commuting time on a particular train is uniformly distributed between 30 and 50 minutes. a. What is the probabiity that the commuting time will be less than 42 minutes? b. What is the probability that the commuting time will be between 36 and 43 minutes? c. What is the probability that the commuting time will be greater than 42 minutes? d. What are the mean and standard deviation of the commuting time?
The time it takes to hand carve a guitar neck is uniformly distributed between 110 and 190 minutes. a. What is the probability that a guitar neck can be carved between 95 and 165 minutes? b. What is the probability that the guitar neck can be carved between 120 and 200 minutes? c. Determine the expected completion time for carving the guitar neck. d. Compute the standard deviation.
The closing price of Schnur Sporting Goods Inc. common stock is uniformly distributed between $18 and $31 per share. What is the probability that the stock price will be: a. More than $24? (Round your answer to 4 decimal places.) Probability b. Less than or equal to $20? (Round your answer to 4 decimal places.) Probability
The closing price of Schnur Sporting Goods Inc. common stock is uniformly distributed between $15 and $29 per share. What is the probability that the stock price will be: A. More than $22? (Round your answer to 4 decimal places.) B. Less than or equal to $19? (Round your answer to 4 decimal places.)
The closing price of Schnur Sporting Goods Inc. common stock is uniformly distributed between $16 and $27 per share. What is the probability that the stock price will be a. More than $21? (Round your answer to 4 decimal places.) ces b. Less than or equal to $22? (Round your answer to 4 decimal places.)