Question

If the daily returns on the stock market are normally distributed with a mean of .05%...

If the daily returns on the stock market are normally distributed with a mean of .05% and a standard deviation of 1%, the probability that the stock market would have a return of -23% or worse on one particular day (as it did on Black Monday) is approximately __________.

Math   Advanced-Math   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
the quantity of newspapers produced daily at a certain press is approximately normally distributed with mean...
the quantity of newspapers produced daily at a certain press is approximately normally distributed with mean 0.82 and standard deviation 0.14.the units are in thousands of newspapers.find the probability that the total production will be between 0.80 and 0.85 thousands of newspapers
Daily urine output is (approximately) normally distributed with a mean of 1400 ml and a standard...
Daily urine output is (approximately) normally distributed with a mean of 1400 ml and a standard deviation of 300 ml. What percentage of daily urine outputs will be between 950 and 1230 ml? Round to four decimal places. What is the 90th percentile for daily urine output? Round to one decimal place. What is the probability that a person has a daily urine output of 550 or less? Round to four decimal places.
In October, the daily high temperature is normally distributed with a mean of 13 and a...
In October, the daily high temperature is normally distributed with a mean of 13 and a standard deviation of 4. a) find the probability that a randomly selected day in October has a temperature of above 14 degrees. b) find the temperature t, such that only 25% of the days are above this temperature.
The mean daily production of a herd of cows is assumed to be normally distributed with...
The mean daily production of a herd of cows is assumed to be normally distributed with a mean of 30 liters, and standard deviation of 3.1 liters. (a) What is the probability that daily production is less than 33.7 liters? (b) What is the probability that daily production is more than 24.5 liters?
The mean daily production of a herd of cows is assumed to be normally distributed with...
The mean daily production of a herd of cows is assumed to be normally distributed with a mean of 37 liters, and standard deviation of 4.7 liters. A) What is the probability that daily production is between 46.7 and 48.9 liters? Do not round until you get your your final answer.
Suppose that the return of stock A is normally distributed with mean 4% and standard deviation...
Suppose that the return of stock A is normally distributed with mean 4% and standard deviation 5%, the return of stock B is normally distributed with mean 8% and standard deviation 10%, and the covariance between the returns of stock A and stock B is −30(%)2 . Now you have an endowment of 1 dollar, and you decide to invest w dollar in stock A and 1 − w dollar in stock B. Let rp be the overall return of...
A particular fruit's weights are normally distributed, with a mean of 276 grams and a standard...
A particular fruit's weights are normally distributed, with a mean of 276 grams and a standard deviation of 23 grams. If you pick 27 fruits at random, then 14% of the time, their mean weight will be greater than how many grams? Give your answer to the nearest gram. & Slices of pizza for a certain brand of pizza have a mass that is approximately normally distributed with a mean of 66.1 grams and a standard deviation of 2.33 grams....
1. A manufacturer knows that their items have a normally distributed length, with a mean of...
1. A manufacturer knows that their items have a normally distributed length, with a mean of 17.5 inches, and standard deviation of 5.1 inches. If one item is chosen at random, what is the probability that it is less than 14.3 inches long? 2. A manufacturer knows that their items have a normally distributed lifespan, with a mean of 6 years, and standard deviation of 0.8 years. If you randomly purchase one item, what is the probability it will last...
The daily low temperature in Woodland, in December is normally distributed with mean 39.6°F and a...
The daily low temperature in Woodland, in December is normally distributed with mean 39.6°F and a standard deviation of 4.1°F. (a) Find the probability that the low temperature on a given day in Woodland, in December, will be less than 32°F. (b) What temperature separates the coldest 4% of all low temperatures in Woodland, in December, from the rest?
The mean daily production of a herd of cows is assumed to be normally distributed with...
The mean daily production of a herd of cows is assumed to be normally distributed with a mean of 30 liters, and standard deviation of 10 liters. A) What is the probability that daily production is between 20.8 and 52 liters? Do not round until you get your your final answer. Answer= (Round your answer to 4 decimal places.)
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT