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business analytics chapter 9 questions with right answers.
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business analytics chapter 9 questions with right answers.

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  • August 27, 2024
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  • 2024/2025
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  • business analytics chapter 9 questions with right

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  • Business Analytics
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business analytics chapter 9 questions
with right answers.
Normal model ANS - The model for symmetric, bell-shaped, unimodal histograms is called



standard Normal model or

standard normal distribution ANS - The model with mean 0 and standard deviation 1 is called



Normal percentiles ANS - When the value doesn't fall exactly 0, 1, 2, or 3 standard deviations from the
mean, we can look it up in a table of



Normal probability plot ANS - is a specialized graph that can help decide whether the Normal model is
appropriate



A discrete Binomial model is approximately Normal ANS - if we expect at least 10 successes and 10
failures



continuous random variable ANS - is a random variable that may take on any value in some interval [a,
b].



probability density function (pdf). ANS - The distribution of the probabilities can be shown with a curve,
f (x) called



Density functions must satisfy these requirements ANS - 1) They must be non-negative for every
possible value.

2) The area under the curve must exactly equal 1

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