2. Monthly rates of return on the shares of a particular common stock are independent of one another and normally distributed with a variance of 2.89. A sample of 12 months is taken. a. Find the probability that the sample standard deviation is less than 2.5? b. Find the probability that the sample standard deviation is bigger than 1.0?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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2. Monthly rates of return on the shares of a particular common stock are independent of one another
and normally distributed with a variance of 2.89. A sample of 12 months is taken.
a. Find the probability that the sample standard deviation is less than 2.5?
b. Find the probability that the sample standard deviation is bigger than 1.0?
Transcribed Image Text:2. Monthly rates of return on the shares of a particular common stock are independent of one another and normally distributed with a variance of 2.89. A sample of 12 months is taken. a. Find the probability that the sample standard deviation is less than 2.5? b. Find the probability that the sample standard deviation is bigger than 1.0?
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