USING FORMULAS IN EXCEL! Please help with 20,21,22,23 and 16
16)
car travel with 30% probability
=NORM.INV(0.3,420.5,50)
= 394.28 (394.3)
20)
lower value for 95%
=NORM.INV(0.0025,420.5,50)
=280.15
21)
upper value for 95%
=NORM.INV(0.9975,420.5,50)
=560.85
22)
lower value for 99.7%
=NORM.INV(0.0015,420.5,50)
=272.11
23)
upper value for 99.7%
=NORM.INV(0.9985,420.5,50)
=568.89
please revert back if any doubt
thanks
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USING FORMULAS IN EXCEL! Please help with 20,21,22,23 and 16 Continuous Probability Distribution: Normal Use a...
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