See attached files.
See attached Practice Business Statistics for Management and Economics ch 7 & 8. The answers are highlighted in yellow. I have difficulty setting up the steps in Excel to come up with the correct answers. I need to see how the answers are derived in Excel.
I have found the data required for problems 7.70 , 7.71 and 7.72 and attached the excel file. I also added prob. 7.71.© BrainMass Inc. brainmass.com October 10, 2019, 1:52 am ad1c9bdddf
Random and discrete variables and continuous probability distribution are examined.