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On average, a smartphone battery lasts about 6.40 hours with heavy usage. The smartphone battery life follows an exponential distribution. Use Analysis ToolPak, both with a seed of 1, to generate 50 smartphone battery life simulations, and report the samp mean and the standard deviation. If the number of simulations is increased to 500, compare the sample mean and the standard deviation to the theoretical values. (Round your final answers to 4 decimal places.)

On average, a smartphone battery lasts about 6.40 hours with heavy usage. The smartphone battery life follows an exponential distribution. Use Analysis ToolPak, both with a seed of 1, to generate 50 smartphone battery life simulations, and report the samp mean and the standard deviation. If the number of simulations is increased to 500, compare the sample mean and the standard deviation to the theoretical values. (Round your final answers to 4 decimal places.)

A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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On average, a smartphone battery lasts about 6.40 hours with heavy usage. The smartphone battery life follows an exponential distribution. Use Analysis ToolPak, both with a seed of 1, to generate 50 smartphone battery life simulations, and report the sample mean and the standard deviation. If the number of simulations is increased to 500, compare the sample mean and the standard deviation to the theoretical values. (Round your final answers to 4 decimal places.) For 50 Observations For 500 Observations Average battery life (hours) Standard deviation (hours)
Transcribed Image Text:On average, a smartphone battery lasts about 6.40 hours with heavy usage. The smartphone battery life follows an exponential distribution. Use Analysis ToolPak, both with a seed of 1, to generate 50 smartphone battery life simulations, and report the sample mean and the standard deviation. If the number of simulations is increased to 500, compare the sample mean and the standard deviation to the theoretical values. (Round your final answers to 4 decimal places.) For 50 Observations For 500 Observations Average battery life (hours) Standard deviation (hours)
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