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):
