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Q.20- Assuming that the change in daily closing prices for stocks on the New York Stock...

Q.20-
Assuming 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 $0.3, what is the probability that a randomly selected stock will be lower by $0.40 or more?

Select one:

a. 0.9884

b. 0.0116

c. 2.27

d. 0.4884

Math   Statistics-And-Probability   
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