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 #599452 by </B><A HREF=/tutors/aboutme.mpl?userid=Fombitz><B>Fombitz(32388)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Fombitz><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=Fombitz><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=599452\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Look at the possible outcomes.<BR>\n" );
document.write( "There are two of them.<BR>\n" );
document.write( "1. The share price is greater than or equal to the mean.<BR>\n" );
document.write( "2. The share price is less than the mean.<BR>\n" );
document.write( "There are only two choices. <BR>\n" );
document.write( "So the probability that it was less than (which is one of the outcomes).<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P=1%2F2 ALIGN=MIDDLE  ALT=\"P=1%2F2\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "You could also argue that there are 3 possible outcomes.<BR>\n" );
document.write( "1. Greater than the mean.<BR>\n" );
document.write( "2. Less than the mean.<BR>\n" );
document.write( "3. Exactly equal to the mean.<BR>\n" );
document.write( "Then you could say,<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P=1%2F3 ALIGN=MIDDLE  ALT=\"P=1%2F3\"   DISABLED_style= \"max-width:90%; height:auto;\" >  </SPAN>\n" );
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