The average stock price for companies making up the S&P 500 is $30, and the standard deviation is $8.20. Assume the stoc

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answerhappygod
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The average stock price for companies making up the S&P 500 is $30, and the standard deviation is $8.20. Assume the stoc

Post by answerhappygod »

The average stock price for companies making up the S&P 500
is $30, and the standard deviation is $8.20. Assume the stock
prices are normally distributed.
What is the probability a company will have a stock price of at
least $35?
What is the probability a company will have a stock price no
higher than $23?
How high does a stock price have to be to put a company in the
top 5%?
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