Easy business stats hw

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business_stats.xlsx

take-home problem

Name:
>> Neither give nor receive assistance on this problem.
>> A "File/Print" hard copy of this sheet is due at the beginning of class on Friday, July 11.
Answer (in the highlighted cells) the questions below by relying on the appropriate
Excel statistical functions.
Note: The highlighted cells are formatted to display 6 decimal places, and
6 decimal places are to show for each answer.
The amounts of ground coffee packaged in cans at a plant are approximately
normally distributed with a mean of 750 grams and a standard deviation of 12 grams.
(a) What is the probability of a can containing more than 775 grams of coffee?
(b) What is the probability of a can containing between 760 and 770 grams of coffee?
(c) What is the probability of a can containing less than 730 grams of coffee?
(d) For what amount of coffee do only 5% of the cans contain that much or more coffee?