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You have been assigned to study an index fund of your company. The index fund consists of stocks in countries with ASEAN - Association of Southeast Asian Nations. Member countries are: Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.
Today the price of the ASEAN index fund is 724.42 baht
and using prior information assume the population standard deviation is 9 baht.
Find the probability tomorrow the fund price is between 729.327 and 734.094 baht.
Treat todays fund price + 0.58 as the mean (think random walk + drift)
and assume the change in price follows a normal distribution.
Enter your answer below (4 decimal places).
Probability:
