Suppose that the value of a stock varies each day from $12.22 to $45.34 with a uniform distribution. Given that the stock is greater than $21, find the probability that the stock is more than $31. Give your answer accurate to four decimal places.
Suppose that the value of a stock varies each day from $12.22 to $45.34 with a uniform distribution. Given that the stock is greater than $21, find the probability that the stock is more than $31. Give your answer accurate to four decimal places.
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter6: Ratio, Proportion, And Probability
Section6.7: Probability And Odds
Problem 1C
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Suppose that the value of a stock varies each day from $12.22 to $45.34 with a uniform distribution.
Given that the stock is greater than $21, find the probability that the stock is more than $31. Give your answer accurate to four decimal places.
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