Answer:
$12.43
Step-by-step explanation:
Given :
Mean = $8.52
Standard deviation, = $2.38
Stock price which falls beyond 0.05 of the distribution is at the 95th percentile
The 95th percentile distribution has a Pvalue of 1.645 (standard normal table)
We obtain the value of x, with z = 1.645
Using the Zscore relation :
Zscore = (score - mean) / standard deviation
1.645 = (score - 8.52) / 2.38
Cross multiply :
1.645 * 2.38 = score - 8.52
3.9151 = score - 8.52
Score = 8.52 + 3.9151
Score = $12.4351
Stock price beyond 0.05 is $12.43
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Answer:
A = 33 units^2
Step-by-step explanation:
The area of a rectangle is given by
A = l*w where l is the length and w is the width
A = 11 * 3
A = 33 units^2
Answer:
-46-8x>22
22-46=-24
8x/8 -24/8
x=-3
Step-by-step explanation:
