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Author Question: Peak Previously Played Picks buys and sells used sports equipment. For the past year, the mean ... (Read 51 times)

Mimi

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on: Jun 24, 2018
Peak Previously Played Picks buys and sells used sports equipment. For the past year, the mean purchase of used sports equipment was 36 with a standard deviation of 8.
 
  Using the Microsoft Excel function NORM.DIST, find the probability that the next person who comes in to buy used equipment will pay more than 40.
  A) 30.85
  B) 69.15
  C) 24.20
  D) 95.60

Question 2

The model yt = 8 + 2.5xt + 0.35yt-1 is estimated using regression analysis applied to time-series data. What is the effect of a 1-unit increase in x in period t?
 
  What will be an ideal response?
Statistics, Data Analysis, and Decision Modeling ¦ Evans ¦ 5th Edition
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jxjsniuniu

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Reply #1 on: Jun 24, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Mimi

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

LVPMS

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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