Hello all! Although this concepts applies in the Business Maths (finance) area it non the less incorporates advanced statistics to solve the problem. But if anyone could help me with this is greatly appreciated! I couldnt get my head around this: A stock is priced at 20 dollars p/share so S0 = 20. Assume it follows a lognormal distribution so that the lognormal model for the stock price has the historical mean of 20% (ie u = 0.20) and historical annual volatility of 0.60. give the value at risk using a 95% confidence interval with 1000 stocks. A head start would be: 0.05 = P(n(St - S0) > -VAR) if anyone understands this where n = the number of shares. Thank you for your time.