# Statistics

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The closing price of Schnur Sporting Goods, Inc., common stock is uniformly distributed between \$21 and 36 per share.Exercises

What is the probability that the stock price will be:

(a) More than \$28

• Statistics -

"Uniformly distributed" means that there is an equal frequency for all values.

(36-29)/(36-21) = ?

• Statistics -

.4666

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