Determine the median of the long term government


A financial analyst describes that price of X of long term government bond one year later is normally distributed with mean of µ=$1000 and standard deviation of sigma(?)=$72.

a) Determine the 93rd percentile of the long term government bond's price?

b) Determine the median of the long term government bond's price?

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Basic Statistics: Determine the median of the long term government
Reference No:- TGS0862183

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