3 years ago

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Mathematics

1 answer:

lorasvet [3.4K]3 years ago

3 0

Answer:

the answer to this one is A.

Step-by-step explanation:

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Suppose that the value of a stock varies each day from $13 to $24 with a uniform distribution. (a) Find the probability that the

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Answer:

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Step-by-step explanation:

given data

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solution

P (stock value is more than $17)

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and

P (value of the stock is between $17 and $21)

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P = $\frac{4}{11}$

P = 0.3636

and

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$\frac{(24 - Q)}{11} = 0.25$

(24 - Q) = 2.75

Q = $21.25

and

P(X > 20 | X > 16)

P = $\frac{(24-20)}{(24-16)}$

P = $\frac{4}{8}$

P = 0.5

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