document.write( "Question 824312: The average stock price for companies making S&P500 is $30, and the standard deviation is $8.2. Assume that the stock prices are normally distributed:
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document.write( "a. What is the probability a company will have a stock price no higher than $20?
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document.write( "b. How high does a stock price to be put to a company in the top 10%? \n" );
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Algebra.Com's Answer #496373 by TimothyLamb(4379)![]() ![]() You can put this solution on YOUR website! --- \n" ); document.write( "answerA: P(0<= price <= 19.99) = 0.111 \n" ); document.write( "answerB: 90th percentile price = $40.51 \n" ); document.write( "--- \n" ); document.write( "Solve and graph linear equations: \n" ); document.write( "https://sooeet.com/math/linear-equation-solver.php \n" ); document.write( "--- \n" ); document.write( "Solve quadratic equations, quadratic formula: \n" ); document.write( "https://sooeet.com/math/quadratic-formula-solver.php \n" ); document.write( "--- \n" ); document.write( "Solve systems of linear equations up to 6-equations 6-variables: \n" ); document.write( "https://sooeet.com/math/system-of-linear-equations-solver.php \n" ); document.write( " |