SOLUTION: Suppose that the value of a stock varies each day from $12.22 to $45.34 with a uniform distribution. Given that the stock is greater than $21, find the probability that the stoc

Algebra ->  Probability-and-statistics -> SOLUTION: Suppose that the value of a stock varies each day from $12.22 to $45.34 with a uniform distribution. Given that the stock is greater than $21, find the probability that the stoc      Log On


   



Question 1145309: Suppose that the value of a stock varies each day from $12.22 to $45.34 with a uniform distribution.
Given that the stock is greater than $21, find the probability that the stock is more than $29. Give your answer accurate to four decimal places.

Answer by ikleyn(52814) About Me  (Show Source):
You can put this solution on YOUR website!
.

This probability  P = %2845.34-29.00%29%2F%2845.34-21.00%29.


You do the rest.