# The price of shares of the Continental Bank at the end of trading each day for the last year…

The price of shares of the Continental Bank at the end of trading each day for the last year followed the normal distribution. Assume there were 240 trading days in the year. The mean price was $42.00 per share and the standard deviation was $2.25 per share. Refer to the table inAppendix B.1.

**(Round the final answers to 2 decimal places.)**

**a-1.** What percentage of the days was the price over $45.00?

Percentage of days %

**a-2.** How many days would you estimate?

Number of days

**b.** What percentage of the days was the price between $38.00 and $40.00?

Percentage of days %

**c.** What was the minimum price of the stock on the *highest* 15 days of the year?