In: Statistics and Probability
For 300 trading days, the daily closing price of a stock (in $) is well modeled by a Normal model with mean
$196.59
and standard deviation
$7.14
According to this model, what is the probability that on a randomly selected day in this period the stock price closed as follows.
a) above
$203.73?
b) below
$210.87?
c) between
$182.31
and
$210.87
d) Which would be more unusual, a day on which the stock price closed above
$210
or below
$190
a.
b.
c.
d.
The most unusual is the day in which stock proce is closed above 210.
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