Suppose the daily change in price of a stock is normally distributed with mean = .20 and standard deviation = .30. What price change is associated with the 25th percentile?
A) .1925
B) .2075
C) .401
D) −.002

Name: Suppose the daily change in price of a stock is normally distributed with mean = .20 and standard deviation = .30. What price change is associated with the 25th percentile? A) .1925 B) .2075 C) .401 D) −.002
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Question

Quizplus · Accepted Answer

X = μ + zσ = .20 + (−.675)(.30) = −.002

Suppose the Daily Change in Price of a Stock Is