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Here are the best resources to pass Business Analytics_ Data Analysis _. Find Business Analytics_ Data Analysis _ study guides, notes, assignments, and much more.
Chapter 5:Business Analytics_ Data Analysis _ Decision Making 5th Edition Albright
Exam (elaborations) • 16
pages
• 2020
A popular retail store knows that the distribution of purchase amounts by its customers is approximately normal with a
mean of $30 and a standard deviation of $9. Below you will find normal probability and percentile calculations related
to the customer purchase amounts.
Probability Calculations
P(Sales < $ 15.00) = 0.048, P(Sales < $ 20.00) = 0.133,
P(Sales < $ 25.00) = 0.289, P(Sales < $ 35.00) = 0.711
Percentiles Calculations
1st Percentile = $9.06, 5th Percentile = $15.20,
95th P...
Chapter 5:Business Analytics_ Data Analysis _ Decision Making 5th Edition Albright
Last document update:
ago
A popular retail store knows that the distribution of purchase amounts by its customers is approximately normal with a
mean of $30 and a standard deviation of $9. Below you will find normal probability and percentile calculations related
to the customer purchase amounts.
Probability Calculations
P(Sales < $ 15.00) = 0.048, P(Sales < $ 20.00) = 0.133,
P(Sales < $ 25.00) = 0.289, P(Sales < $ 35.00) = 0.711
Percentiles Calculations
1st Percentile = $9.06, 5th Percentile = $15.20,
95th P...
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