Your investment club has only two stocks in its portfolio. $25,000 is invested in a stock with a beta of 0.8, and $40,000 is inv
1 answer:
You might be interested in
Answer:
Probability that a randomly selected woman's gestation period will be between 261 and 279 days is 0.68.
Step-by-step explanation:
We are given that the average human gestation period is 270 days with a standard deviation of 9 days. The period is normally distributed.
Firstly, Let X = women's gestation period
The z score probability distribution for is given by;
Z = ~ N(0,1)
where, = average gestation period = 270 days
= standard deviation = 9 days
Probability that a randomly selected woman's gestation period will be between 261 and 279 days is given by = P(261 < X < 279) = P(X < 279) - P(X 261)
P(X < 279) = P( <
) = P(Z < 1) = 0.84134
P(X 261) = P(
) = P(Z
-1) = 1 - P(Z < 1)
= 1 - 0.84134 = 0.15866
<em>Therefore, P(261 < X < 279) = 0.84134 - 0.15866 = 0.68</em>
Hence, probability that a randomly selected woman's gestation period will be between 261 and 279 days is 0.68.