The price of a stock is uniformly distributed between 50 and

Last updated: 11/28/2023

The price of a stock is uniformly distributed between 50 and 60 a What is the probability that the stock price will be more than 57 0 4 X b What is the probability that the stock price will be less than or equal to 54 0 25 X c What is the probability that the stock price will be between 54 and 59 0 4167 X d Determine the expected price in dollars of the stock 55 e Determine the standard deviation in dollars for the stock price Round your answer to two decimal places 2 89