SOLUTION: Suppose that the value of a stock varies each day from $8.82 to $31.17 with a uniform distribution.
Find the upper quartile; 25% of all days the stock is above what value?
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-> SOLUTION: Suppose that the value of a stock varies each day from $8.82 to $31.17 with a uniform distribution.
Find the upper quartile; 25% of all days the stock is above what value?
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Question 1178737: Suppose that the value of a stock varies each day from $8.82 to $31.17 with a uniform distribution.
Find the upper quartile; 25% of all days the stock is above what value? Answer by Boreal(15235) (Show Source):
You can put this solution on YOUR website! The range is $22.35
Three quarters of the range is $16.76
addd that to the bottom of $8.82, and the 75th percentile is $25.58
