0.9 0.8 0.7 0.6 [ Select ] 0.5 V 0.4 Uniform distribution 0.3 0.2 Normal distribution 0.1 Exponential distribution 1 2 3 4 6. 7 8. 9. 10 Observation Cumulative Probability

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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1
0.9
0.8
0.7
0.6
V [ Select ]
0.5
0.4
Uniform distribution
0.3
0.2
Normal distribution
0.1
Exponential distribution
1
4
5
6
7
8.
9.
10
Observation
Cumulative Probability
Transcribed Image Text:1 0.9 0.8 0.7 0.6 V [ Select ] 0.5 0.4 Uniform distribution 0.3 0.2 Normal distribution 0.1 Exponential distribution 1 4 5 6 7 8. 9. 10 Observation Cumulative Probability
For the second graph assume that the x-axis
represents possible outcomes, and the y-
axis represents the probability of the
outcomes.
0.4
V [ Select ]
0.3
Uniform distribution
0.2
Normal distribution
Exponential distribution
0.1
0.0
-3
-2
-1
1
3.
2.
Transcribed Image Text:For the second graph assume that the x-axis represents possible outcomes, and the y- axis represents the probability of the outcomes. 0.4 V [ Select ] 0.3 Uniform distribution 0.2 Normal distribution Exponential distribution 0.1 0.0 -3 -2 -1 1 3. 2.
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