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what isnt clear about the problem? use excel for this not SAS I just submmited a new question, since you giys are having trouble with
what isnt clear about the problem?
use excel for this not SAS
I just submmited a new question, since you giys are having trouble with this one
The popular online news journal Happening Now is owned by the media empire Best News. The amount of new weekly subscriptions for Happening Now is normally distributed with mean 150 and Standard deviation of 20. Each journal subscription amounts to $100 in profit. If the journal achieves over 175 subscriptions in a particular week, they are awarded a 55,000 bonus by Best News. If the journal achieves over 190 subscriptions, they are awarded an additional bonus of $2.500 by Best News Use excel to simulate 1000 trials of weekly subscriptions and answer the following questions (a) Mean profit (b) Maximum profit (d) Minimum profit (e) Probability of earning the $5,000 bonus Probability of earning the full 57,500 bonus SIMULATION PROBLEM: The popular online news journal Happening Now is owned by the media empire Best News. The amount of new weekly subscriptions for Happening Now is normally distributed with mean 150 and standard deviation of 20. Each journal subscription amounts to $100 in profit. If the journal achieves over 175 subscriptions in a particular week, they are awarded a $5,000 bonus by Best News. If the journal achieves over 190 subscriptions, they are awarded an additional bonus of $2,500 by Best News. Use SAS to simulate 1000 trials of weekly subscriptions and answer the following questions: (a) Mean profit (b) Maximum profit (d) Minimum profit (e) Probability of earning the $5,000 bonus (f) Probability of earning the full $7,500 bonus SIMULATION PROBLEM: The popular online news journal Happening Now is owned by the media empire Best News. The amount of new weekly subscriptions for Happening Now is normally distributed with mean 150 and standard deviation of 20. Each journal subscription amounts to $100 in profit. If the journal achieves over 175 subscriptions in a particular week, they are awarded a $5,000 bonus by Best News. If the journal achieves over 190 subscriptions, they are awarded an additional bonus of $2,500 by Best News. Use SAS to simulate 1000 trials of weekly subscriptions and answer the following questions: (a) Mean profit (b) Maximum profit (d) Minimum profit (e) Probability of earning the $5,000 bonus (f) Probability of earning the full $7,500 bonus Step by Step Solution
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