uniform between 17 and 35 so over a range of 35-17 = 18
let height of rectangle be 1
then area between 17 and 35 is 18
area from 31 to 35 = 4
so 4/18 = .222 for >31
area from 17 to 23 = 6
6/18 = .333
The closing price of Schnur Sporting Goods, Inc., common stock is uniformly distributed between $17 and 35 per share.
What is the probability that the stock price will be:
More than $31?
Less than or equal to $23?
1 answer
2 answers