The Uniform Distribution · Exercise 40
Suppose that the value of a stock varies each day from $16 to $25 with a uniform distribution.
(a) Find the probability that the value of the stock is more than $19.
(b) Find the probability that the value of the stock is between $19 and $22.
(c) Find the upper quartile - 25% of all days the stock is above what value? Draw the graph.
(d) Given that the stock is greater than $18, find the probability that the stock is more than $21.
Its source prints no answer for this problem, so there's nothing to check against.
OpenStax, Introductory Statistics 2e · §5.2 The Uniform Distribution · Exercise 40
No hints for this one.
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