Question: Using Excel, show the correct function (i.e. =CONFIDENCE(... (etcetera) to solve the equation. A manufacturing company measures the weight of boxes before shipping them to
Using Excel, show the correct function (i.e. =CONFIDENCE(..." (etcetera) to solve the equation.
A manufacturing company measures the weight of boxes before shipping them to the customers. If the box weights have a population mean of 87 lb and standard deviation of 20 lb, respectively, then based on a sample size of 50 boxes, what is the probability that the average weight of the boxes will exceed 92 lb?
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