Shown here is a Minitab output. Suppose the data represent the number of sales associates who are
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Shown here is a Minitab output. Suppose the data represent the number of sales associates who are working in a department store in any given retail day. Describe the distribution including the mean and standard deviation. Interpret the shape of the distribution and the mean in light of the data being studied. What do the probability statements mean? CUMULATIVE DISTRIBUTION FUNCTION Continuous uniform on 11 to 32 X ... P(X <= x) 28 .... 0.80952 34 .... 1.00000 16 .... 0.23810 21 .... 0.47619
Distribution The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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This is a uniform distribution with a 11 and b 32 The mean is 11 322 215 and the standard d...View the full answer
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