Question: use Excel to solve it so I can see the formula and show your workings. 3. Information on a packet of seeds claims that the

use Excel to solve it so I can see the formula and show your workings. 3. Information on a packet of seeds claims that the germination rate is 83 %. The manufacturer needs to understand the likelihood of this claim. What's the probability that more than 84% of the 180 seeds in the packet will germinate

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2. Find out if there are other reference points that can be used as reasonable alternatives.

1. Identify your reference point when making a decision based on an element of risk.

3. If there are reasonable alternatives, think about your decisions based on the different reference points and see if there are any contradictions in the decisions.