document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=977939>Question 977939</A>: <I><SPAN STYLE=\"word-break: break-all;\"> 1.	If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed at less than the mean for that year?\r<BR>\n" );
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document.write( "I understand the bell curve and i know the answer is .5 or 50%, just not sure how people are getting there. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #599451 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=599451\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> It is like a coin toss.  I could argue that if you knew the price of the stock and where it had been traded, you would have a much better chance of knowing what the probability is.\r<BR>\n" );
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document.write( "But if I have no idea of the historical price of Google stock and a buy a share, the probability of its closing less than the mean is 50% assuming a normal distribution.  I would prefer the median, which would definitely make it 50%. </SPAN>\n" );
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