G Embrace the Inner Magic Chapte x B 3.9 Excel - Central Limit Theoren O Probabilities with Sampling - Yo x X A d2l.yorktech.edu/d2l/le/content/971993/viewContent/5455783/View Use the Central Limit Theorem to tind a mean given a probability - Excel Question A video game company sells an average of 132 games a month, with a standard deviation of 9 games. The company is looking to reward stores that are selling in the top 7%. Use Excel to find the number of video games must a store sell in order to be eligible for a reward if the company is only looking at 36 of their stores. Round o, to two decimal places. Round ī up to the nearest whole number. Provide your answer below: games х 3 | games В FEEDBAск SUBMIT Activity Details O • i 1:05
Inverse Normal Distribution
The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.
Mean, Median, Mode
It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.
Z-Scores
A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow comparison between two scores that belong to different normal distributions.
A video game company sells an average of 132 games a month, with a standard deviation of 9 games. The company is looking to reward stores that are selling in the top 7%.
Use Excel to find the number of video games must a store sell in order to be eligible for a reward if the company is only looking at 36 of their stores.
Round σx¯ to two decimal places. Round x¯ up to the nearest whole number.
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