Find the required value, The analyst would like to

Find the required value

Assignment Help Basic Statistics

Reference no: EM131371859

An analyst believes that the price of an IBM stock is a normally distributed random variable with mean $105 and variance 24.

The analyst would like to determine a value such that there is a 0.90 probability that the price of the stock will be greater than that value. Find the required value.

Reference no: EM131371859

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