document.write( "Question 1168265: The average stock price for companies making up the S&P 500 is $30, and the standard deviation
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document.write( "is $8.20 (BusinessWeek, Special Annual Issue, Spring 2003). Assume the stock
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document.write( "prices are normally distributed.\r
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document.write( "What is the probability that a company will have a stock price of exactly $65? \n" );
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Algebra.Com's Answer #851634 by ikleyn(52797)![]() ![]() You can put this solution on YOUR website! .\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "A professional Math writer will NEVER ask a question this way.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "A professional Math writer will EITHER ask \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " - What is the probability that a company will have a stock price greater of equal $65?\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " OR\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " - What is the probability that a company will have a stock price lesser of equal $65?\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "If the question is posed in a way as it is posed in this post, \n" ); document.write( "then it becomes clear to everybody and anybody in the radius of 3000 miles around \n" ); document.write( "that a person, who asks such question, is mathematically illiterate in the probability theory.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |