The daily stock price for International Business Machines (IBM) historically has followed an approximately normal distribution...
The daily stock price for International Business Machines (IBM) historically has followed an approximately normal distribution (when adjusting for inflation) with a mean of $131.048 and standard deviation of $2.7756 Approximately 9.44% of days IBM had a stock price greater than what dollar amount?
Homework Answers
Mean, µ = 131.048
Standard deviation, σ = 2.7756
P(x > a) = 0.0944
= 1 - P(x < a) = 0.0944
= P(x < a) = 0.9056
Z score at p = 0.9056 using excel = NORM.S.INV(0.9056) = 1.3141
Value of X = µ + z*σ = 131.048 + (1.3141)*2.7756 = 134.6955 = 134.7
Add Answer to:
The daily stock price for International Business Machines (IBM)
historically has followed an approximately normal distribution...
Question 11 (1 point) The daily stock price for International Business Machines (IBM) historically has followed...
Question 11 (1 point) The daily stock price for International Business Machines (IBM) historically has followed an approximately normal distribution (when adjusting for inflation) with a mean of $134.915 and standard deviation of $4.3786 Approximately 20.13% of days IBM had a stock price less than what dollar amount? 1) We do not have enough information to calculate the value. 2) 131.25 3) 118.87 4) 150.96 5) 138.58
Question 9 (1 point) The stock price for International Business Machines (IBM) historically has followed an...
Question 9 (1 point) The stock price for International Business Machines (IBM) historically has followed an approximately normal distribution (when adjusting for inflation) with a mean of $166.305 and standard deviation of $4.2216. What is the probability that on a selected day the stock price is below $162.5? 1) We do not have enough information to calculate the value. 2) 0.8163 3) 0.1837 4) 0.1706 5) 0.8294
P/E Ratio and Stock Price International Business Machines (IBM) has earnings per share of $7.80 and...
P/E Ratio and Stock Price International Business Machines (IBM) has earnings per share of $7.80 and a P/E ratio of 15.38. What is the stock price? Multiple Choice $46.36 $.51 $1.97 $119.96
Red Bull is the most popular energy drink in sales in the United States. Red Bull...
Red Bull is the most popular energy drink in sales in the United States. Red Bull GmbH (the parent company) has observed that daily sales are normally distributed with an average of 6,492,360 drinks sold with a standard deviation of 5,013.47. What is the probability that on a given day below 6,491,733 drinks are sold? Question 1 options: 1) 0.1589 2) We do not have enough information to calculate the value. 3) 0.4502 4) 0.5498 5) 0.8411 Question 2 (1...
The daily demand for coffee in a coffee shop approximately has a normal distribution with mean...
The daily demand for coffee in a coffee shop approximately has a normal distribution with mean 220 cups and standard deviation 40. Assuming that the demands in different days are independent, what is the probability that the average demand in the next five days exceeds 240? ( Hint: Sum of five independent normal variables have also a normal distribution N(220, 40^2 /5), standard deviation=sqrt(40^2 /5). Use pnorm )
[Normal Distribution] Historically, the one-year returns follow approximately the normal distribution. The one-year return for the...
[Normal Distribution] Historically, the one-year returns follow approximately the normal distribution. The one-year return for the S&P 500 was +27% (that is, 0.27) and its standard deviation is 20% (that is, 0.2). What is the probability that a stock in the S&P 500 gained 30% or more last year?
In 2003, scores on the math part of the SAT approximately followed a normal distribution with...
In 2003, scores on the math part of the SAT approximately followed a normal distribution with mean 519 and standard deviation 115. (a) What proportion of students scored above 510? (4 marks) (b) What proportion scored between 400 and 600? (6 marks)
The Army reports that the distribution of head circumference among male soldiers is approximately normal with...
The Army reports that the distribution of head circumference
among male soldiers is approximately normal with mean 22 and
standard deviation 0.9. Use the Empirical Rule to answer the
following questions.
The Army reports that the distribution of head circumference among male soldiers is approximately normal with mean 22 and standard deviation 0.9. Use the Empirical Rule to answer the following questions What percent of soldiers have head circumferences greater than 22.9? What percent of soldiers have head circumferences between...
The scores on a statistics exam had an approximately normal distribution, with a mean of 73...
The scores on a statistics exam had an approximately normal distribution, with a mean of 73 and standard deviation of 7.2. If a single student is chosen at random, what is the probability their score is less than 74?
For 300 trading days, the daily closing price of a stock (in $) is well modeled...
For 300 trading days, the daily closing price of a stock (in $) is well modeled by a Normal model with mean $196.12 and standard deviation $7.12 According to thismodel, what cutoff value of price would separate the a) lowest 11% of the days? b) highest 0.77%? c) middle 52%? d) highest 50%?
Question 11 (1 point) The daily stock price for International Business Machines (IBM) historically has followed an approximately normal distribution (when adjusting for inflation) with a mean of $134.915 and standard deviation of $4.3786 Approximately 20.13% of days IBM had a stock price less than what dollar amount? 1) We do not have enough information to calculate the value. 2) 131.25 3) 118.87 4) 150.96 5) 138.58
Question 9 (1 point) The stock price for International Business Machines (IBM) historically has followed an approximately normal distribution (when adjusting for inflation) with a mean of $166.305 and standard deviation of $4.2216. What is the probability that on a selected day the stock price is below $162.5? 1) We do not have enough information to calculate the value. 2) 0.8163 3) 0.1837 4) 0.1706 5) 0.8294
The Army reports that the distribution of head circumference
among male soldiers is approximately normal with mean 22 and
standard deviation 0.9. Use the Empirical Rule to answer the
following questions.
The Army reports that the distribution of head circumference among male soldiers is approximately normal with mean 22 and standard deviation 0.9. Use the Empirical Rule to answer the following questions What percent of soldiers have head circumferences greater than 22.9? What percent of soldiers have head circumferences between...
Most questions answered within 3 hours.
-
Where is the error in this code sequence?
String s1 = "Hello";
String s2 = "ello";...
asked 11 months ago -
Financial data for Joel de Paris, Inc., for last year
follow:
Joel de Paris, Inc.
Balance...
asked 11 months ago -
Consider this reaction:
Al2(SO4)3 (aq)+ BaCl3
(aq) Al2Cl6 (aq)- +
3BaSO4(s) . What is the...
asked 11 months ago -
Suppose that Savneet is considering increasing her
recent random sample from 20 car rentals to 40...
asked 11 months ago -
Trucks arrive at an unloading terminal at an average rate of 120
per hour.
Trucks arrive...
asked 11 months ago -
Why are methanol and ethanol completely soluble in water while
octanol is not very little soluble....
asked 11 months ago -
A facilities manager at a university reads in a research report
that the mean amount of...
asked 11 months ago -
When the CuSO4 is rehydrated by adding water to the anhydrous
compound, is this an endothermic...
asked 11 months ago -
A ray of sunlight is passing from diamond into crown glass; the
angle of incidence is...
asked 11 months ago -
A block of mass 0.249 kg is placed on top of a light, vertical
spring of...
asked 11 months ago -
how do the kidneys compensate in the presences of acidosis
a) trigger hyperventilate
b) reserve acid...
asked 11 months ago -
Question 501 pts
The rental rate of capital to the firm increases. Which of the
following...
asked 11 months ago