Probability that the stock on that day closed

Assignment Help Basic Statistics
Reference no: EM13247129

If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed at less than the mean for that year? Hint: Use percentiles, do not calculate the mean. The answer is easy.

If a person bought one share of Google stock within the last year, what is the probability that the stock on that day closed at more than $800? Hint: Use Excel to find the mean and standard deviation. Then find the z score. Then find the probability using the Standard Normal Table. If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed within $45 of the mean for that year? Hint: Find two z scores and use the Standard Normal Table. Suppose a person within the last year claimed to have bought Google stock at closing at $700 per share. Would such a price be considered unusual? Explain by using the Empirical Rule; do not find the max or min values of the daily closing prices. At what prices would Google have to close at in order for it to be considered statistically unusual? You should have a low and high value. Use the Empirical Rule.What are Q1, Q2, and Q3 in this data set? Use Excel to find these values.

Is the normality assumption that was made at the beginning valid? Why or why not? Hint: Construct a histogram and include this in your submission.

Reference no: EM13247129

Questions Cloud

How many games would the conference commissioner have : How many games would the conference commissioner have to schedule each year - The ABCD football association is considering a Super Ten Football Conference. The top 10 football teams in the country, based on past records, would be members of the Sup..
State calcium cyanamide reacts with water to form ammonia : Calcium cyanamide, CaCN2, reacts with water to form calcium carbonate and ammonia; CaCN2(s)+3H2O(l)-->CaCO3(s)+2NH3(g). a) How many grams of water are needed to react with 75.0 g of CaCN2
What is smallest power of 2 needed to generate binary code : What is the smallest power of 2 needed to generate a binary codeword long enough for this message i.e. find N (= 2k) = What is the maximum number of binary digits that can be generated with this choice of N
Prove that thermal efficiency of engine performing a cycle : given a sargent ideal gas cycle. All process ar quasi-static, and the heat capacities are constant. Prove that the thermal efficiency of an engine performing a cycle
Probability that the stock on that day closed : Is the normality assumption that was made at the beginning valid and what is the probability that the stock on that day closed at less than the mean for that year
Find the net charge on the ball : an electric field as shown in the figure. an electric field of 1000. v/m is directed toward the right. The ball has a mass of 2.00x10^-3 kg, what is the net charge on the ball
What is the change in the ions electric potential energy : A Na+ ion moves from inside a cell, where the electric potential is -70 mV , to outside the cell, where the potential is 0 V. What is the change in the ion's electric potential energy as it moves from inside to outside the cell
How many grams of carbon dioxide are produced : When the body metabolizes glucose water and carbon dioxide are produced according to the following equation. C6H12O6 + 6 O2 --> 6 CO2 + 6 H2O If 0 g of glucose are metabolized with excess oxygen
What is the direction of the friction force on the upper box : You are lowering two boxes, one on top of the other, down the ramp shown in the figure by pulling on a rope parallel to the surface of the ramp. Both boxes move together at a constant speed of 16cm/s.

Reviews

Write a Review

Basic Statistics Questions & Answers

  The mean and standard deviation for the process

We are establishing a quality control program for a process and need to establish the mean and standard deviation for the process. The first 10 batches had samples of size 5 taken.

  Impact of the new point on the standard deviation

Explain what an outlier is. Then, if there are any outliers in the Project 1 Data Set, what are they? If there are no outliers, say no outliers.

  Working with a data set having normal distribution

Suppose you are working with a data set that is normally distributed, with a mean of 300 and a standard deviation of 44. Determine the value of x from the following information.

  Defining the rejection region and statistical decision

Define the rejection region. State the statistical decision.

  Assumption of t-test

When the p-value is used for hypothesis testing, the null hypothesis is rejected if

  Freedom for the two-sample t procedures

It has been claimed that women live longer than men; however, men tend to be older than their wives. Ages of sixteen husbands and wives from England were obtained. These data should be analyzed with a

  Hypothesis test for one sample proportion

At 95% confidence using the critical value approach, test to see if the percentage of defective systems produced by x-Game has exceeded the industry standard.

  Calculate the z-score for an age

What is the probability that the average will be 140 lbs or longer if the individuals are randomly selected and calculate the z-score for an x of 21.5 from a sample of size 25.

  Definition of confidence interval

The 95% confidence interval is defined as ____. a) an interval such that we are 95% confident that the population value lies within the interval b) an interval such that the probability is 0.95 that the interval contains the population value

  What is expected value of a two point shot

If the probability of making a two point shot is greater than the probability of making a three point shot, why do coaches allow some players to shoot the three point shot if they have the opportunity?  Use expected value to explain your answer.

  What is the mean of the sampling distribution

a. What is the mean of the sampling distribution?

  Statistics-population variance-confidence interval

The grades of a sample of 5 students, selected from a large population, are given below. Determine a point estimate for the variance of the population.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd