Use Excel's Analysis ToolPak, with a seed of 1, to simulate 906 random observations of a normally distributed random variable with H= 8.08 and o= 0.36. Report the mean and standard deviation of the 906 observations, How many of the 906 observations have a value less than 8? (Round your answers to 2 decimal places.) Mean Standard deviation Number of observations

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Use Excel's Analysis ToolPak, with a seed of 1, to simulate 906 random observations of a normally distributed random variable with
H= 8.08 and o= 0.36. Report the mean and standard deviation of the 906 observations. How many of the 906 observations have a
value less than 8? (Round your answers to 2 decimal places.)
Mean
Standard deviation
Number of observations
Transcribed Image Text:Use Excel's Analysis ToolPak, with a seed of 1, to simulate 906 random observations of a normally distributed random variable with H= 8.08 and o= 0.36. Report the mean and standard deviation of the 906 observations. How many of the 906 observations have a value less than 8? (Round your answers to 2 decimal places.) Mean Standard deviation Number of observations
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