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generates random numbers based.pdf

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1. Randbetween generates random numbers based on what kind of probability distribution: - All of these - Normal - Discrete - Uniform - Bernoulli 2. The Data Analysis Toolpak in Excel and Sheets ... generates random numbers based on what kind of probability distribution: - All of these - Discrete - Normal - Uniform - Bernoulli 3. Below is a probability tree outlining 3 steps to introducing a new product – a market research study, a test market initiative, and a national marketing campaign. Calculate the probability of success of all three steps. Express as a decimal with two decimal places. Example 50% = 0.50 This study source was downloaded by 100000830919685 from CourseHero.com on 05-23-2022 15:47:37 GMT -05:00 https://www.coursehero.com/file/23380031/Week-3-HW/=0.3*0.8*0.95= 0.228 0.23 4. The spreadsheet below shows average outside temperature and retail food sales by a street vendor. What is the relationship between temperature and sales? - The correlation is strong - The correlation is moderate - Relationship cannot be determined with this data - The correlation is weak 5. Assume that a simulation of your projected sales, based on historical data, projects a mean of 1200 units and a standard deviation of 150. Using the empirical Rule, what is the likelihood of selling more than 1500 units. ( Express as a percent using three decimals = e.g.50%=500) 0.025 [Show More]

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