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The daily closing price of a stock (in $) is well modeled by a Normal model with mean $140.00 and standard deviation $4.
Posted: Thu Jan 13, 2022 5:46 am
by answerhappygod
- The Daily Closing Price Of A Stock In Is Well Modeled By A Normal Model With Mean 140 00 And Standard Deviation 4 1 (87.81 KiB) Viewed 64 times
The daily closing price of a stock (in $) is well modeled by a Normal model with mean $140.00 and standard deviation $4.00. According to this model, what cutoff value of price would separate the highest 1%? (round to one decimal) Your answer is incorrect O $ 149.30 $ 155.50 O $ 147.80 O $ 148.20 O $ 152.50