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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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