Last year, even as a recession gripped the country, 114 microbreweries and brewpubs opened in the United
Question:
Last year, even as a recession gripped the country, 114 microbreweries and brewpubs opened in the United States (The Wall Street Journal, March 18, 2009). Assume this number represents an average and remains constant over time. Solve the following probabilities with Excel.
a. What is the probability that no more than 100 microbreweries or brewpubs open in a given year?
b. W hat is the probability that exactly 115 microbreweries or brewpubs open in a given year? L05
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Related Book For
Business Statistics Communicating With Numbers
ISBN: 9780071317610
1st Edition
Authors: Kelly Jaggia
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