For 300 trading days, the daily closing price of a stock (in $) is well modeled by a Normal model with mean $196.41196.41 and standard deviation $7.197.19. According to this model, what is the probability that on a randomly selected day in this period the stock price closed as follows.
a) above $203.60203.60?
b) below $210.79210.79?
c) between $182.03182.03 and $210.79210.79?
d) Which would be more unusual, a day on which the stock price closed above $208208 or below $190190?
So stock price closed below 190 is more usual
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