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IgorC [24]
3 years ago
10

You were told that the amount of time lapsed between consecutive trades on the New York Stock Exchange followed a normal distrib

ution with a mean of 15 seconds. The probability that the time lapsed between two consecutive trades would fall below 13 seconds was 7%. What is the probability that the time lapsed between two consecutive trades will be longer than 17 seconds?
Mathematics
1 answer:
uysha [10]3 years ago
6 0

Answer:

Step-by-step explanation:

Given that that (X) the amount of time lapsed between consecutive trades on the New York Stock Exchange followed a normal distribution with a mean of 15 seconds.

i.e. X is normal with mean = 15 and unknown std deviation \sigma

Given thatP(X

i.e. P(z

z=-1.475 (from normal table)

Hence \frac{13-15}{\sigma}=-1.475\\\sigma = 1.356

Using this we find P(X>17) = P(Z>\frac{17-15}{1.356} \\=P(Z>1.475)\\=0.5-0.428\\=0.072

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The answer is that the temperature needs to fall 14 degrees to return to the original temperature of 68 degrees BUT ONLY IF the temperature at the time of the calculation is in fact 82 degrees. The question does not state that. The question merely states that "Later that day the temperature was 82 degrees." Beware of trick questions.

Step-by-step explanation:

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You have 2000 grams of substance A which has decay constant 0.03, and you have 3000 grams of substance B, which has decay consta
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And we have 3000 grams of substance B, with a decay constant of 0.05.

Then the equations for both of them will be:

Ca = 2000g*e^(-0.03*t)

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We want to find the value of t such that Ca = Cb.

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Step-by-step explanation:

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