Statistical Techniques in Business and Economics
Statistical Techniques in Business and Economics
16th Edition
ISBN: 9780077639723
Author: Lind
Publisher: Mcgraw-Hill Course Content Delivery
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Chapter 17, Problem 10E
To determine

Find the value index of goods produced for April 2013 using April 2000 as the base period.

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Suppose the random variable X is normally distributed with mean 80 and standard deviation 16. Find following probabilities. Find ‘b’ such that P(X ≥ b) = 0.975. Find the probability using a normal distribution table AND using ti-83 calculator. SHOW ALL STEPS PLEASE.
Suppose the random variable X is normally distributed with mean 80 and standard deviation 16. Find following probabilities. Equation:  P(85 ≤ X ≤ 102).  Find the probability using a normal distribution table AND using ti-83 calculator. SHOW ALL STEPS PLEASE.
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