HELP! Stat Prep

danpulaski

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Nov 9, 2010
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1
a financial analyst states that the price of X of a long term government bond one year later is normally distributed with a mean of $980 and standard deviation of $40
A) what is the 95th percentile of the long term governmnet bond's price?
B)what is the 50th percentile of the long term government bond's price?
C) What is the minimum value of the price of long term government bond X where 60% of the prices exceed that value?
D) What is the minimum value of the price of long term government bond X where 90% of the prices exceed that value?
 
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