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Define highest point-dow jones industrial average will reach

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Reference no: EM131641159

Question: Choose at least one uncertain quantity of interest to you. For example, you might choose the highest price of gas between now and the end of the year, the highest point the Dow Jones Industrial Average will reach between now and the end of the year, the number of majors Tiger Woods will win in his career, and so on. Using all of the information and insight you have, assess the probability distribution of this uncertain quantity. Is there one "right answer"?

Reference no: EM131641159

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