Question

Suppose that the value of a stock varies each day from $16 to $23 with a...

Suppose that the value of a stock varies each day from $16 to $23 with a uniform distribution.

a) Find the probability that the value of the stock is more than $17. (Round your answer to four decimal places.)

b)Find the probability that the value of the stock is between $17 and $22. (Round your answer to four decimal places.

c) Find the upper quartile; 25% of all days the stock is above what value? (Enter your answer to the nearest cent.)

d) Given that the stock is greater than $16, find the probability that the stock is more than $21. (Round your answer to four decimal places.)

Math   Statistics-And-Probability   
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