1. Case study 4 covers Chapter 7: Continous Probability Distributions. You will learn how to apply and calculate one of the important continuous probability distributions we learned in Chapter 7 in Excel. You should use the proper Excel function to calculate the desired probabilities
You should solve and analyze the case studies by using Microsoft Excel and submit via the Dropbox folder on BeachBoard. You should solely use the Excel features described in the Continuous Distributions (Excel Instruction) to complete the case studies. You should write any managerial insights in the same Excel file.
2. Case study 5 covers Chapter 8: Sampling Methods and the Central Limit Theorem. Make sure to use the correct Excel function to calculate Normal distribution probabilities in this case study.
You should solve and analyze the case studies by using Microsoft Excel. You should write any managerial insights in the same Excel file.
