Find the probability of the value of the stock

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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.

Reference no: EM132907111

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