Population Distribution Probabilities
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July 9, 2019Trading strategies involving options
July 9, 2019A population distribution is normal with a meanof 25 and a standard deviationof 5.
If a piece of datum is randomly taken from this distribution, what is the probabilitythat it is less than 20?
If a sample of 4 pieces of dataare taken from this distribution, what is the probability that the mean will be less than 20?
A population distribution is normal with a mean of 25 and a standard deviation of 5.
If a piece of datum is randomly taken from this distribution, what is the probability …
Calculations are given to find the probability that randomly selected data will be less than 20 in this distribution.
