Mathematics, 16.06.2020 19:57 MaeWolfe
A stock's price fluctuations are approximately normally distributed with a mean of $104.50 and a standard deviation of $23.62. You decide to purchase whenever the price reaches its lowest 10% of values. What is the most you would be willing to pay for the stock?
a) $80.88
b) $74.23
c) $84.62
d) $134.77
Answers: 3
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