Question

A financial analyst states that the price of Y of a long term $1,000 government bond one year later is normally distributed with expected value $980 and standard deviation $40.

Q12. Find P(Y≥1,000)
a) 0.222 b) 0.452 c) 0.308 d) 0.921

Q13. Find P(Y≤940)
a) 0.342 b) 0.158 c) 0.391 d) 0.222

Q14. Find P(960≤Y ≤1060)
a) 0.668 b) 0.456 c) 0.395 d) 0.158

Answer 1