Devry MATH399 Week 5 Discussion Latest 2019 MAY Question # 00601093 Subject: Education Due on: 05/09/2019 Posted On: 05/09/2019 06:47 AM Tutorials: 2 Rating: 4.7/5
MATH399 Applied Managerial Statistics
Week 5 Discussion
Interpreting
Normal Distributions
Read/review
the following resources for this activity:
Textbook:
Chapter 6 (All Sections)
Lesson
Minimum of
1 scholarly source
Initial
Post Instructions
Week 5
Graded Discussion:
Log onto
website where you can observe your service bill for the last 12 months
(electric bill, cell phone bill, water bill, etc.). If you do NOT feel
comfortable sharing this data, you can make up values.
In excel,
list the values of your bill for the last 12 months on one column.
Find the
sample mean and sample standard deviation of your data.
Pick three
bills from the last 12 months and change the values into z-scores. What does
the z-score tell you about that particular month?
Analysis
Between
what two values would be considered a normal bill? Remember, being within 2
Standard Deviations is considered normal.
Are any of
your bills in the last 12 months unusual? Very unusual?
Are there times
when you would accept an “unusual” bill? Explain.
Follow-Up
Post Instructions
Respond to
at least two peers or one peer and the instructor. Further the dialogue by
providing more information and clarification.
Here are
some suggested responses–
Compare and
contrast your post with a post of a peer.
Explain
what you learned by participating in this week’s discussion.
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