Spot electricity prices are normally distributed with an average of 62 $/MWh and a standard deviation of 23.4 $/MWh. Find the price above which 15% of spot prices are higher. Select from the answers...

Spot electricity prices are normally distributed with<br>an average of 62 $/MWh and a standard deviation<br>of 23.4 $/MWh. Find the price above which 15% of<br>spot prices are higher. Select from the answers<br>below.<br>86.336 $/MWh<br>73.45 $/MWh<br>51.368 $/MWh<br>42.4 $/MWh<br>

Extracted text: Spot electricity prices are normally distributed with an average of 62 $/MWh and a standard deviation of 23.4 $/MWh. Find the price above which 15% of spot prices are higher. Select from the answers below. 86.336 $/MWh 73.45 $/MWh 51.368 $/MWh 42.4 $/MWh

Jun 11, 2022

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Spot electricity prices are normally distributed with an average of 62 $/MWh and a standard deviation of 23.4 $/MWh. Find the price above which 15% of spot prices are higher. Select from the answers...

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