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September 2, 2014

Homework Help: Math

Posted by Bill on Sunday, July 24, 2011 at 9:37pm.

The closing price for XYZ Company's common stock is uniformly distributed between $10 and $20 per share.


What is the probability that the stock price will be greater than $17?

What is the probability that the stock price will be between $12.50 and $16?

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