Use Excel's Analysis ToolPak, with a seed of 1, to simulate 25 random observations based on a

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Use Excel's Analysis ToolPak, with a seed of 1, to simulate 25 random observations based on a binomial distribution with seven trials and p = 0.4. What are the mean and standard deviation of the 25 observations? (Round your answers to 2 decimal places.)

mean =__________

standard deviation =____________

Posted Date: Jun 25, 2024 08:56 PM

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Use Excel's Analysis ToolPak, with a seed of 1, to simulate 25 random observations based on a

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