document.write( "Question 1020963: A stock market analyst assumes that the price of a company's stock on a given day is distributed normally with a measure of $33.00 and a standard deviation of $4.00. What is the probability that on a given day the price of the stock will be greater than or equal to #7.00 \n" ); document.write( "
Algebra.Com's Answer #636766 by ewatrrr(24785)![]() ![]() You can put this solution on YOUR website! m = 33 and x = 4 \n" ); document.write( "P(x>= 37) = 1 - P(x<37) NOTE: Assumed You meant x = \n" ); document.write( "Finding the z-value of x <37 :*Note: \n" ); document.write( "P(x<37)= P( z < (37-33)/4) = P( z < (4)/4) = P( z < (4)/4)) = P( z < (1))= .8413 \n" ); document.write( "P(x>= 37) = 1 - .8413 = .1587 0r 15.87% \n" ); document.write( " |