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# QNT 351 Week 4 Excel Problems Measures of Relative Standing and ProbabilityDistribution

This Tutorial was purchased 7 times & rated A+ by student like you.

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• QNT 351 Week 4 Excel Problems Measures of Relative Standing and Probability Distribution 1.xlsx
• QNT 351 Week 4 Excel Problems Measures of Relative Standing and Probability Distribution.xlsx

Problem 1
Figure below gives the boxplots comparing the base yearly salaries of employeesin marketing and employees in research for a large company. Identify the five number summaries. for each profession. Interpret them like we did in the class.

Problem 2
An insurance company determines that in every 100 claims, 4 are fraudulent. What is the probability that the next claim the company processes will be fraudulent?

Problem 3
A review of emergency room records at rural Millard FellmoreMemorial Hospital was performed to determine the probability distribution of the number of patients entering the emergency room during a 1-hour period. The following table lists this probability distribution.

Problem 4
Find the missing probability in the following probability distribution.

Problem 5
Determine whether the distribution given below are valid probability distributions or not.

Problem 6
Determine whether the random variable x is discrete or continuous

a. Let x represent the number of pumps in use at a gas station

b. Let x represent the weight of a truck at a weigh station

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