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1. The price of a bond is uniformly distributed between $80 and $85. (Please show work)...

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.

math   Statistics-And-Probability   
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Answer #1

83零86 OL 85- &O 5 78 3 2. 2 82. S utatton 2 S σ=1.443

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