MATH 399N Week 5 Discussion; Interpreting Normal Distributions

  • MATH 399N Week 5 Discussion; Interpreting Normal Distributions
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Institution MATH 399N Applied Managerial Statistics
Contributor Emmaline

Week 5 Discussion: Interpreting Normal Distributions

 

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18 replies.

Required Resources

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.

  1. In excel, list the values of your bill for the last 12 months on one column.
  2. Find the sample mean and sample standard deviation of your data.
  3. 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

  1. Between what two values would be considered a normal bill? Remember, being within 2 Standard Deviations is considered normal.
  2. Are any of your bills in the last 12 months unusual? Very unusual?
  3. Are there times when you would accept an "unusual" bill? Explain.

Follow-Up Post Instructions

Respond to at least one peer and the instructor. Further the dialogue by providing more information and clarification.

Here are some suggested responses--

  1. Compare and contrast your post with a post of a peer.
  2. Explain what you learned by participating in this week's discussion.

Between what two values would be considered a normal bill? Are any of your bills in the last 12 months unusual? Very unusual?

 

Are there times when you would accept an "unusual" bill? Explain.

 

 

Instituition / Term
Term Year 2022
Institution MATH 399N Applied Managerial Statistics
Contributor Emmaline
 

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