Sales in a week has a Normal distribution with mean 6250 and standard deviation 435. We want to create 12 intervals for
Posted: Sun Jul 10, 2022 10:23 am
Sales in a week has a Normal distribution with mean 6250 andstandard deviation 435.
We want to create 12 intervals for sales, such that eachinterval has the same probability (of 1/12 = 0.08333). Theintervals are "below a1", "betweena1 and a2", ..., "betweena10 and a11", and "abovea11".
What should be the value of a11? (Provide one decimalplace)
We want to create 12 intervals for sales, such that eachinterval has the same probability (of 1/12 = 0.08333). Theintervals are "below a1", "betweena1 and a2", ..., "betweena10 and a11", and "abovea11".
What should be the value of a11? (Provide one decimalplace)