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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

Question 130

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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Monthly rates of return on the shares of a particular common stock are independent of one another and normally distributed with a standard deviation of 1.8.A sample of 15 months is taken.
-Find the probability that the sample standard deviation is more than 1.2.

Correct Answer:

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P(s > 1.2)= P(s2 > 1....

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