mba 522 6-18-b in 5th edition

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

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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.
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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...
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