sume that the change in daily closing prices for stocks on the New York Stock Exchange is a random variable that is normally distributed with a mean of $0.35 and a standard deviation of $0.33. Based on this information, what is the probability that a randomly selected stock will close up $0.75 or mor

Answers

Answer 1

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 [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

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 [tex]\mu = 0.35, \sigma = 0.33[/tex].

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

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{0.75 - 0.35}{0.33}[/tex]

[tex]Z = 1.21[/tex]

[tex]Z = 1.21[/tex] 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.


Related Questions

Jerome purchased a 4-year old car for $12,000. He was told this make a model depreciates exponentially at a rate of 5.7% each year. What was the original price to the nearest hundred dollars?
Group of answer choices

$19,300

$15,200

$12,500

$17,500

Answers

19,300 5.7 by 12,000 just makes scene

-2x +9y=8
x=y+3
Step by step

Answers

I am assuming that finding the x and y value is the goal for this question since it is not clarified.

So x = y + 3 is a equation we can plug in for x to find the y value.

-2(y+3) + 9y = 8

-2y - 6 + 9y = 8

7y - 6 = 8

7y = 15

y = 15/7

Plug in for the y value since that is now determined to find out x value.

x = 15/7 + 3

x = 15/7 + 21/7

x = 36/7

What is the surface area of the cylinder with height 4 in and radius 5 in? Round your answer to the nearest thousandth .

Answers

Answer: 282.743 in2

Step-by-step explanation:

Find the amount after the specified time. A population of 1,236 grows 1.3% per year for 10 years.

Answers

Answer:

1,406

Step-by-step explanation:

p = a(1 + r)^t

p = 1,236(1.013)^10

p = 1,406.4131692427

p = 1,406

Find sin S, sin R , cos S, and cos R.

Answers

Answer:

Step-by-step explanation:

sin S=21/75

sin R=72/75

cos S=72/75

cos R=21/75

Answer:

sin R = 72/75

cos R = 21/75

sin S = 21/75

cos S = 72/75

Step-by-step explanation:

sin = opposite side / hypotenuse

sin = adjacent side / hypotenuse

Does y= x represent a function

Answers

This is read as “y is a function of x.” The letter x represents the input value, or independent variable. The letter y, or f(x), represents the output value, or dependent variable. Use function notation to represent a function whose input is the name of a month and output is the number of days in that month.

What is 234.506 rounded to the nearest hundredth

Answers

Answer:

Rounded to the nearest hundredth, 234.506 becomes 234.51.

FREE BRANLIEST PLEASE ANSWER WITH CORRECT EQUATIONS

Answers

Answer:

c.153 degrees

Step-by-step explanation:

hope it helps

Linear pairs are supplementary

m<ABD+27=180m<ABD=180-27m<ABD=153°

Please help me solve this math problem and explain it. Will give BRANIEST!
(X^2+2xy+y^2)^2

Answers

Answer:

I'm sorry hindi ko po alam eh

In 15–20, write the number positioned at each point.

Answers

Answer:

See below.

Step-by-step explanation:

15.) -3.25

16.) -4.5

17.) 1.25

18.) -5.75

19.) 0.5

20.) -2.5

A number line is a horizontal line that has equally spread number increments. The points at A, B, C, D, E and F are -3.25, -4.5, 1.25, -5.75, 0.5 and -2.5

What is Number system?

A number system is defined as a system of writing to express numbers. It is the mathematical notation for representing numbers of a given set by using digits or other symbols in a consistent manner.

A number line is a horizontal line that has equally spread number increments. The points at A, B, C, D, E and F are

15.) -3.25

16.) -4.5

17.) 1.25

18.) -5.75

19.) 0.5

20.) -2.5

Therefore the points at A, B, C, D, E and F are -3.25, -4.5, 1.25, -5.75, 0.5 and -2.5.

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please help lolz ty besties

Answers

24 players / B so the answer can be right

13 +22
if r = -3 and s = 4

Answers

35 is the answer

have a wonderful day

What is the square root of 9

Find the volume of the pyramid. Round to the nearest tenth if necessary.

Answers

168 yds i’m pretty sure sorry if i’m wrong

PLEASE HELP
Makayla owns a small business selling used books. She knows that in the last week 58 customers paid cash, 25 customers used a debit card, and 2 customers used a credit card.
Based on these results, express the probability that the next customer will pay with a debit card as a fraction in simplest form.

Answers

Answer:

2/5 :)

Step-by-step explanation:

58+2=60+25=85-25=60 60 = 2/5

The solution is 5/17

The probability that the next customer will pay with a debit card is given by the equation A = 5/17

What is Probability?

The probability that an event will occur is measured by the ratio of favorable examples to the total number of situations possible

The value of probability lies between 0 and 1

Given data ,

Let the probability that the next customer will pay with a debit card be A

Now , the equation will be

The number of customers who paid cash last week = 58 customers

The number of customers who used debit card last week = 25 customers

The number of customers who used credit card last week = 2 customer

So ,

The total number of customers = 58 + 25 + 2

The total number of customers = 85 customers

Now , the probability that the next customer will pay with a debit card A = number of customers who used debit card last week / total number of customers

Substituting the values in the equation , we get

Probability that the next customer will pay with a debit card A = 25 / 85

On simplifying the equation , we get

Probability that the next customer will pay with a debit card A = 5 / 17

Therefore , the value of A is 5/17

Hence , the probability is 5/17

To learn more about probability click :

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If two expressions have the same factor or base. What happens to the exponents when the expression are dividing

Answers

Answer:

whats the question tho?

Step-by-step explanation:

A rectangular in ground pool needs to be filled with water. The pool is 20 feet long 9 1/2 feet wide, and 5 1/2 feet deep determin the maximum amount of water the pool can hold? PLS ANSWER IM GOING TO FAIL

Answers

Answer:

1045 ft³ of water

Step-by-step explanation:

Given :

Length = 20 feets

Width = 9 1/2 feets

Height = 5 1/2 feets

The maximum of water the pool can hold is equivalent to the volume of the pool ;

Hence, Volume = Length * width * height

Volume = 20 * 9 1/2 * 5 1/2

Volume = 1045 ft³ of water

I WILL MARK BRAINLIEST (PICTURE INCLUDED)A right triangle ABC is shown below: А 3 units B 5 units The area of the triangle above will equal one half of a rectangle that is 5 units long and units wide. (Input only whole numbers, such as 8.)​

Answers

is it 3? this is a 3,4,5 triangle if that helps

Help pls help pls help pls

Answers

Answer: 3900[tex]\pi[/tex] ft^3

if you use the formula on how to find the volume of a cone

V=[tex]\pi[/tex]r^2*h/3

you will insert 30 where the r is, 13 in where h is, after you just solve that and your answer would be 3900[tex]\pi[/tex] ft^3

Find the height of the pyramid.

Answers

Answer:

7

Step-by-step explanation:

Let the height of pyramid be h

[tex]v = \frac{1}{3} lwh[/tex]

v= 224

w= 8

l= 12

224=1/3(12)(8)(h)

224=32h

h=224/32

h=7

uppose you are performing a hypothesis test with H subscript 0 superscript blank space colon space mu equals 10 and H subscript A colon mu greater than 10, using a sample size of 50 observations. You sample data has a mean of 10.7, with a standard deviation of 3.1. Compute the test statistic for this hypothesis test

Answers

Answer: The test statistic for this hypothesis test =1.597

Step-by-step explanation:

When population standard deviation is unknown, we use t-test statistic:

[tex]t=\dfrac{\overline{x}-\mu}{\dfrac{s}{\sqrt{n}}}[/tex]

[tex]\overline{x}[/tex] = sample mean, [tex]\mu[/tex] = population mean , s= sample standard deviation, n = sample size.

As per given,

[tex]t=\dfrac{10.7-10}{\dfrac{3.1}{\sqrt{50}}}\\\\=1.59669273171\approx1.597[/tex]

Hence, the test statistic for this hypothesis test =1.597

Choose the best estimate for the multiplication problem below. 56 x 51
A. 2000
B. 3000
C. 4100​

Answers

Answer:

B

Step-by-step explanation:

Answer: B.

Explanation: 56 multiply 51 is 2856 and 3000 is the closest to 2856.

Also pls mark me as brianliest!!

What the correct answer

Answers

Its ‘B’

100% sure

Plz mark me brainliest

Question
Raymond wants to estimate the percentage of parents who use cloth diapers. He asks a randomly selected group of 200
parents whether or not they use cloth diapers. What is the data?

Answers

Answer:

Step-by-step explanation:

Given : Raymond wants to estimate the percentage of parents that use cloth diapers. He asks a randomly selected group of 200 parents whether or not they use cloth diapers.

The parameter are the number which are used to represents the quantity of a particular characteristic in entire population.

We know that to estimate the percentage of success we use the proportion of success parameter "p".

Hence, the parameter here is "p" , the proportion of parents that use cloth diapers.

Answer:

specific "yes" or "no" responses to the survey

Step-by-step explanation:

Got it right

please help 5 points which one

Answers

Answer:

A) 9/2x3/8

Step-by-step explanation:

Wilcox, chief executive officer and chairman of the board of directors, owned 60 percent of the shares of Sterling Corporation. When the market price of Sterling’s shares was $22 per share, Wilcox sold all of his shares in Sterling to Conrad for $29 per share. The minority shareholders of Sterling brought suit against Wilcox demanding a pro rata share of the amount Wilcox received in excess of the market price. a. What are the arguments to support the minority shareholders’ claim for a pro rata share of the amount Wilcox received in excess of the market price? b. What are the arguments to reject the minority shareholders’ claim for a pro rata share of the amount Wilcox received in excess of the market price? c. Which side should prevail?

Answers

Answer:

Sterling Corporation

a. Arguments to support the minority shareholders' claim include:

1. If there is a provision to this effect in the Shareholders' agreement,

2. If the minority shareholders can prove that Wilcox oppressed the minority shareholders by selling off his shares in the corporation, and

3. If the Shareholders' agreement forbids Wilcox from selling off his shareholdings.

b. The arguments to reject the minority shareholders' claim include:

1. As the majority shareholder, Wilcox dictates the direction of firm until the sale-off.

2. Wilcox is within his rights to sell his shares to Conrad.

3. Wilcox does not oppress the minority shareholders with the sale to Conrad.

c.  Wilcox should prevail.  Apparently, he did not act illegally or contrary to agreement.

Step-by-step explanation:

Shareholding of Wilcox (chief executive officer and chairman of the BOD) = 60%, which is > 50%.

Shareholding of Minority shareholders = 40%, which is <50%

Market price per share of Sterling Corporation = $22

Selling price of Wilcox's shares = $29

Excess of the market price = $7 ($29 - $22)

Two cards are drawn without replacement from an ordinary​ deck, find the probability that the second is not a black card​, given that the first is a black card. What is the conditional​ probability?

Answers

Answer:

(a)  [tex]\frac{26}{51}[/tex]

(b)  [tex]\frac{26}{51}[/tex]

Step-by-step explanation:

(i) Probability is the likelihood of whether or not an event will occur. It is given by the ratio of the number of favourable outcomes to the number of expected outcomes. i.e

P = number of favourable outcomes / total number of possible outcomes

For drawing a first card which is black,

number of favourable outcomes = 26 (since there are a total of 26 black cards in a deck of card)

total number of possible outcomes = 52 (since the total number of cards in a deck of card is 52)

∴ Probability of drawing the first black card = 26 / 52 = 1 / 13

Since the second card is not a black card, it is a red card.

number of favourable outcomes = 26 (since there are a total of 26 red cards in a deck of card)

total number of possible outcomes = 51 (since a black card has been previously picked from the deck)

∴ Probability of drawing a second black card = 26 / 51

The probability that the second is not a black card is 26 / 51

(ii) The conditional probability of a given event B is the probability that the event will occur knowing that a previous event A has already occurred,

It is given by;

P(B|A) = P(A and B) ÷ P(A)

In this case;

event B is drawing a second card which is not black

event A is drawing a first card which is black

This implies that;

P(A and B) = [tex]\frac{1}{13}[/tex] x [tex]\frac{26}{51}[/tex]

P(A) = [tex]\frac{1}{13}[/tex]

Substitute these values in the equation for conditional probability as follows;

P(B|A) = [tex]\frac{1}{13}[/tex] x [tex]\frac{26}{51}[/tex] ÷ [tex]\frac{1}{13}[/tex]

P(B|A) = [tex]\frac{1}{13}[/tex] x [tex]\frac{26}{51}[/tex] x [tex]\frac{13}{1}[/tex]

P(B|A) = [tex]\frac{26}{51}[/tex]

Therefore the conditional probability is  [tex]\frac{26}{51}[/tex]

What does the digit 8 represent in 687, 413?

Answers

Answer:

80,000

hope this helps

have a good day :)

Step-by-step explanation:

Answer:

Hundreths

Step-by-step explanation:

what is the reciprocal of 9/7?

Answers

Answer:

its 7/9

Step-by-step explanation:

you just have to flip the fractions

Answer:

7/9

Step-by-step explanation:

Flip the fraction

Find all working solutions for x.
✓(x-5) - 5 = 3

Answers

Your answer will be 13

Answer:

Step-by-step explanation:

✓(x-5) - 5 = 3

✓(x-5) - 8 = 0

(✓(x-5))² - 8² = 0

x-5 - 64 = 0

x - 69 = 0

x = 69

Need help with this question. 20 points

Answers

9514 1404 393

Answer:

  3

Step-by-step explanation:

For x > 0, the function f(x) is ...

  f(x) = 3x -4 . . . . . . . . for x > 0

Translating this down 1 unit makes it ...

  g(x) = f(x) -1 = 3x -5

The rate of change for any interval such that x > 0 in the whole interval is the coefficient of x: 3.

The rate of change on the interval is 3.

__

If you like, you can find the rate of change from ...

  m = (g(5) -g(2))/(5 -2) = (10 -1)/3 = 9/3 = 3

The rate of change is 3.

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