SOLUTION: You were told that the amount of time elapsed between consecutive trades on a foreign stock exchange market followed a normal distribution with a mean of 15 seconds. You were also
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Question 1171753: You were told that the amount of time elapsed between consecutive trades on a foreign stock exchange market followed a normal distribution with a mean of 15 seconds. You were also told that the probability that the time elapsed between two consecutive trades would fall below 13 seconds was 13%. The probability that the time elapsed between two consecutive trades would fall below 13 seconds was 7%. What is the probability that the time elapsed between two consecutive trades will be between 14 and 17 seconds?
Answer by Solver92311(821) (Show Source): You can put this solution on YOUR website!
Read your post again. Keep reading it until you figure out why it is nonsense. Then repost after you correct it.
John
My calculator said it, I believe it, that settles it
From
I > Ø
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