The price of a stock is uniformly distributed between $30 and $40
a. What is the probability that the stock price will be more than $37?
b. What is the probability that the stock price will be less than or equal to $32?
c. What is the probability that the stock price will be between $34 and $38?
d. Determine the expected price of the stock.
e. Determine the standard deviation for the stock price.
a. 0.3
b. 0.2
c. 0.4
d. $35
e. $2.89
Business
You might also like to view...
An increase in an asset's expected return relative to that of an alternative asset, holding everything else unchanged, raises the quantity demanded of the asset
Indicate whether the statement is true or false
Business
You don't need to verify information that you plan to use in a report
Indicate whether the statement is true or false
Business