Lab 1 – The Sampling Distribution Using Excel
Part 1: Sampling from a normal population. Suppose we are concerned about the speeds of cars on a local highway. It is reasonable to assume that the speeds follow a normal distribution with mean 50 mph and standard deviation 16 mph. These can be simulated using the NORMINV function in Excel. We shall take 100 samples, in rows 16 to 115 of the ... ................
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