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Question 2:
Book: Statistics for Business and Economics (12th ed.) by Anderson, D. R., Sweeney, D. J., Williams, T. A., Camm, J. D., & Cochran, J. J. (2014).
Chapter 6, “Continuous Probability Distributions”
How might a business manager or finance professional evaluate normal probability
Question 3:
Book: Statistics for Business and Economics (12th ed.) by Anderson, D. R., Sweeney, D. J., Williams, T. A., Camm, J. D., & Cochran, J. J. (2014).
Chapter 8, “Interval Estimation”
Chapter 9, “Hypothesis Tests”
Chapter 11, “Inferences about Population Variances”
Explain a way to use “confidence intervals and hypothesis testing” to improve the decision-making process. Explain the basis of your suggestions.
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