Finite Mathematics for the Managerial, Life, and Social Sciences, 11th Edition
Finite Mathematics for the Managerial, Life, and Social Sciences, 11th Edition
11th Edition
ISBN: 9781285464657
Author: Soo T. Tan
Publisher: Brooks Cole
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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 tw…
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 o…
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 compar…
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Chapter 8.CRE, Problem 24CRE

NETFLIX REVENUE FROM STREAMING SUBSCRIBERS The revenue of Netflix from its streaming subscribers (in millions of dollars) for the five quarter beginnings with the first quarter of 2012 are summarized in the following table:

2012 2013
Quarter Q1 Q2 Q3 Q4 Q1
Revenue 26.2 27.5 28.4 35.8 37.1

Find the average quarterly revenue of Netflix from its streaming subscribers for the five quarters in question.

What is standard deviation?

Source: Company reports

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