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A study conducted by Hershey's discovered that Americans consumed an average of 11.4 pounds of chocolate per year. Let's assume that the annual chocolate consumption
A study conducted by Hershey's discovered that Americans consumed an average of 11.4 pounds of chocolate per year. Let's assume that the annual chocolate consumption follows the Normal distribution with mean 11.4 pounds and a standard deviation of 3.6 pounds. Answer the following questions, performing all computations with Excel functions.
- What is the probability that a randomly selected American consumes less that 7 pounds of chocolate per year?
- What is the probability that a randomly selected American consumes more that 9 pounds of chocolate per year?
- What is the probability that a randomly selected American consumes between 8 and 12 pounds of chocolate per year?
- What is the annual consumption of chocolate that represents the 75th percentile?
- Determine the interval for the annual consumption of chocolate that are 2 standard deviations around the mean.
- PLEASE USE EXCEL FORMULAS FOR CALCULATIONS AND COMPUTATIONS
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