Chapter 6, Using Excel: Normal Distributions • Finding Probabilities: If x is a normally distributed random variable, you can find P(x
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You can create a Normal Distribution Chart in Excel for analyzing the probability of the events For that, you can calculate Average, Standard Deviation,
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You should know this very basic special fact, that the total area under a probability distribution is always exactly precisely = 1 =NORMSDIST(1E99)-NORMSDIST(-
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We will let Excel set the scale on the vertical axis automatically Generate the column of x values To graph a normal distribution, we must have a column
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Standard Normal Distribution The “Bell Curve” with a mean of 0 and standard deviation of 1 The curve is symmetric around 0 Often called the Z
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If f ?x? is plotted versus x, the well-known ''bell curve'' results Microsoft Excel has a built-in capability to analyze normal probabilities To
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FIGURE 8 37 Example of finding hypergeometric probability using Microsoft Excel If f(x) is plotted versus x, the well-known "bell curve" results
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