Closing price on five consecutive days
The increase or decrease in price of stock between the beginning and end of trading day is supposed to be equally likely random event. Determine the probability that the stock will show an raise in its closing price on five consecutive days?
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What are the mean and standard deviation of the number of on-time arrivals? Let n=6 The standard deviation of the number of on-time arrivals is?
The increase or decrease in the price of a stock between the beginning and the end of a trading day is supposed to be equally likely random event. Determine the probability that the stock will show an increase in its closing price on five consecut
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Each year, ratings are compiled regarding the performance of new cars during the first 90 days of use. Assume that the cars have been categorized according to whether car needs warranty related repair (yes or no) and country in which the company m
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A professor teaches a class on introductory statistics with 200 students. He reports the following data on the final exam:
In a final examination the mean was 37 and median was 60. The minimum and maximum scores are zero and hundred respectively. Do you expect the distribution of the scores to be symmetrical or skewed?
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