Question: On average, a smartphone battery lasts about 6.5 hours with normal usage. The smartphone battery life follows an exponential distribution. Use Analysis ToolPak or R,

On average, a smartphone battery lasts about 6.5 hours with normal usage. The smartphone battery life follows an exponential distribution. Use Analysis ToolPak or R, both with a seed of 1, to generate 50 smartphone battery life simulations, and report the sample mean and the standard deviation. If the number of simulations is increased to 500, compare the sample mean and the standard deviation to the theoretical values.

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Using Excel For 50 observations Average battery life58790 hours Standard deviation 58536 hours For 5... View full answer

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