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MediumContinuous distributions
OpenStax, Introductory Business Statistics 2e §5.2 The Uniform Distribution · Exercise 37 · Probability · Continuous distributions

The Uniform Distribution · Exercise 37

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) Given that the stock is greater than $18, find the probability that the stock is more than $21.

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OpenStax, Introductory Business Statistics 2e · §5.2 The Uniform Distribution · Exercise 37

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