QuickHelper

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Teaching Since: May 2017
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    Phoniex
    Jul-2007 - Jun-2012

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    ChevronTexaco Corporation
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Category > Business & Finance Posted 27 May 2017 My Price 10.00

ECONOMIC Homework

Question description

 

GRADED ASSIGNMENT CHAPTER 6 FORMULA SHEET

FORMULAS: (YOU WON'T NEED ALL OF THESE)

(1) Uniform Probability Density Function

 

(2) Normal Probability Density Function

 

(3) (a) Converting to the Standard Normal Random Variable (z-value)

 

(b) Converting from the Standard Normal Random Variable (z-value) to μ

 

 

(4) Standard Normal Probability Density Function

(5) Probability that x is less than or equal to x1

In Excel: =NORM.DIST(x1,μ,σ,TRUE)

(6) Probability that z is less than or equal to z1

In Excel: =NORM.S.DIST(z1,TRUE)

(7) Probability that x is between x1 and x2

 

In Excel: =NORM.DIST(x2,μ,σ,TRUE)-NORM.DIST(x1,μ,σ,TRUE)

(8) Probability that z is between z1 and z2

 

In Excel: =NORM.S.DIST(z2,TRUE)-NORM.DIST(z1,TRUE)

(9) To find x – value corresponding to a given probability for a Normal Distribution:

In Excel: =NORM.INV(probability in decimal form,μ,σ)

(10) To find z – value corresponding to a given probability for a Standard Normal Distribution:

In Excel: =NORM.S.INV(probability in decimal form)

Answers

QuickHelper
(10)
Status NEW Posted 27 May 2017 04:05 AM My Price 10.00

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