During the first quarter of 2017, an investment group’s aver…
During the first quarter of 2017, an investment group’s average purchase price of Bitcoin was $2,500.175 with a standard deviation of $600. Assume that the purchase prices follow a normal distribution. Approximately 75% of Bitcoin purchases were less than what price? Select the appriopriate Excel function for this problem.
Read DetailsAccording to a customer’s crypto transaction records, 15% of…
According to a customer’s crypto transaction records, 15% of their transactions are Bitcoin sells. If a random sample of 20 transactions was selected, what is the probability that 8 of these transactions are Bitcoin sells? Select the appropriate Excel function used to find the probability. General syntax: BINOM.DIST(number_s, trials, probability_s, cumulative)
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