Answer:
Step-by-step explanation:
We can use normal aproximation, assuming that the random variables are a lot of that means the sample size is large.
[tex]P(x>105) = P(z>\frac{105-100}{1})=P(z>5)[/tex]
Using the normal distribution table,
P(z>5) = 0.00005
Hence, we can conclude that the probability that the stock’s price will exceed 105 after 10 days is very small.
Hope this helps!