mba 522 6-18-b in 5th edition

mba 522 6-18-b in 5th edition - So the answer is that...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Dr. J’s note for 6-18-b The shaded area in the left tail of the curve is the area that answers the question in 6-18-b. The normal table in your book shows that the area to the left of Z = -1.22 is 0.1112.
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: So, the answer is that approximately 11.1% of the stock prices will be no higher than $20. Dr. J. X 20 30 Z -1.22 0.3888 From table the area is 0.1112 0.5...
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online