Basic Business Statistics Student Value Edition Plus NEW MyLab Statistics  with Pearson eText -- Access Card Package (13th Edition)
Basic Business Statistics Student Value Edition Plus NEW MyLab Statistics with Pearson eText -- Access Card Package (13th Edition)
13th Edition
ISBN: 9780133873641
Author: Mark L. Berenson, David M. Levine, Kathryn A. Szabat
Publisher: PEARSON
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Chapter 11, Problem 38PS

a.

To determine

Determine whether there is an interaction between brands of pain reliever and water temperature.

b.

To determine

Determine whether there is an effect due to the brand.

c.

To determine

Determine whether there is an effect due to water temperature.

d.

To determine

Plot the mean dissolving time for each brand for each water temperature.

e.

To determine

Conclude the above results.

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A company found that the daily sales revenue of its flagship product follows a normal distribution with a mean of $4500 and a standard deviation of $450. The company defines a "high-sales day" that is, any day with sales exceeding $4800. please provide a step by step on how to get the answers in excel Q: What percentage of days can the company expect to have "high-sales days" or sales greater than $4800? Q: What is the sales revenue threshold for the bottom 10% of days? (please note that 10% refers to the probability/area under bell curve towards the lower tail of bell curve) Provide answers in the yellow cells

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Basic Business Statistics Student Value Edition Plus NEW MyLab Statistics with Pearson eText -- Access Card Package (13th Edition)

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