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Suppose that the value of a stock varies each day from $15 to $24 with a uniform distribution. - Find the upper quartile; 25% of all days the stock
Suppose that the value of a stock varies each day from $15 to $24 with a uniform distribution.
- Find the upper quartile; 25% of all days the stock is above what value?
-Given that the stock is greater than $16, find the probability that the stock is more than $20.