Answer:
0.1131 = 11.31% probability that a randomly selected stock will close up $0.75 or more.
Step-by-step explanation:
Normal Probability Distribution:
Problems of normal distributions can be solved using the z-score formula.
In a set with mean
and standard deviation
, the z-score of a measure X is given by:

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.
Normally distributed with a mean of $0.35 and a standard deviation of $0.33.
This means that
.
What is the probability that a randomly selected stock will close up $0.75 or more?
This is 1 subtracted by the p-value of Z when X = 0.75. So



has a p-value of 0.8869.
1 - 0.8869 = 0.1131
0.1131 = 11.31% probability that a randomly selected stock will close up $0.75 or more.
Answer:10.546
Step-by-step explanation:
0.76+9.786=10.546
I'm confused....so the numbers above are unnecceary?
-20%
Basically, we are trying to find the change from 30 to 24 in terms of percent. We do this in three steps:
1) Find the difference between 30 and 24 as a number.
2) Divide the result from Step 1 by the starting number 30.
3) Multiply the result from Step 2 by 100 to get it in terms of percent.
The three steps above can be made into a formula. Thus, to find the percent change from 30 to 24, we use this formula:
((Y-X)/X)*100 = Percent Change
X is the starting number 30, and Y is the ending number 24 that it changed to. When we enter these numbers into the formula, we get:
((24-30)/30)*100 = -20.00%
Thus, the answer to the question "What is the Percent Change from 30 to 24?" is:
-20.00%