grosu
New Member
Israel
1 Posts 
Posted  09/18/2007 : 07:37:21

Hi,
I need to know the probability of exceeding a specific value when the change in the value is distributed normally. For example, suppose a toy car costs initially 10$. Now, the value of the car changes with normal distribution, i.e. with zero mean and variance of one. I need to know how to calculate the probability of the car costs over 13$. Moreover, how to calculate the time estimation for this to happen (I guess the time scale is derived from the rate of change in the value)?
Can anyone help? 

