Percent of price-to-earnings ratios

Reference no: EM13100641

A financial advising company has determined that the price-to-earnings ratios for 20 randomly selected publicly traded companies range between 0.9 and 2.9. Given that the price-to-earnings ratios are uniformly distributed, answer the following questions.

What percent of price-to-earnings ratios are between 1.90 and 2.48?

Reference no: EM13100641

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