# Quantative Analysis of Data: Normal Random Variable

Suppose that a stock is currently selling for $100. The change in the stock's price during the nest year follows a normal random variable with a mean of $10 and a standard deviation of $20. What is the probability (rounded to the nearest hundredth) that the stock will sell for at least $120 in a year's time?

a. .31

b. .16

c. .25

d. .35

e. .40

https://brainmass.com/statistics/quantative-analysis-of-data/quantative-analysis-data-normal-random-variable-391691

#### Solution Summary

This solution provides a detailed, step-by-step explanation of the given statistics problem.

$2.19