The average stock price for companies making up the S&P500 is $30, and the standard deviation is $8.20. Assume the stock prices are normally distributed. a) What is the probability that a company will have a stock price at least $40? А. 0.1152 В. О 0.1112 С. 0.2251 D. 0.4231

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The average stock price for companies making
up the S&P500 is $30, and the standard
deviation is $8.20. Assume the stock prices are
normally distributed.
a) What is the probability that a company will
have a stock price at least $40?
А.
0.1152
В.
0.1112
С.
0.2251
D.
0.4231
Transcribed Image Text:The average stock price for companies making up the S&P500 is $30, and the standard deviation is $8.20. Assume the stock prices are normally distributed. a) What is the probability that a company will have a stock price at least $40? А. 0.1152 В. 0.1112 С. 0.2251 D. 0.4231
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