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18.x is normally distributed with a mean of 32 and a standard deviation of 8. What Excel calculation would give the probability that x is greater than 43?
a.= NORMSINV (0.25)
b.= NORMSDIST(1.375)
c.= NORMSINV(5.375)
d.=1- NORMSDIST(1.375)
e.=1- NORMSDIST(5.375)
19. Consider this question: "What interval (centered on 100) will contain 80% of all observations in a normally distributed population with a mean of 100 and a standard deviation of 10?" Which of the following calculations would provide the upper cutoff for this range?
a.=NORMSINV(0.8)**10
b.= NORMSINV (0.9)**SQRT(10)
c.=TINV(0.8,99)**100
d.=100+NORMSINV(0.8)**SQRT(10)
e.=()0.9
20. Consider this question: "According to government data, 25% of employed women have never been married. If 5 employed women are selected at random, what is the probability that exactly 2 have never been married?" Which of the following calculations would provide the answer to this question? (You may assume that the population of employed women is essentially infinite.)
a.=NORMSINV(0.25)**SQRT(0.4**0.65)
b.= NORMSINV (0.4)**SQRT(0.25**0.755)
c., TRUE)
d.= BINOMDIST , FALSE)
e.= BINOMDIST , TRUE)
21. Consider this question: "Suppose that, on average, three customers arrive per minute at a bank during the noon hour. What is the probability that two customers will arrive in a given minute?" An Excel computation giving the answer is
a., FALSE)
b.= BINOMDIST(2,3,2, TRUE)
c.= POISSON , FALSE
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