Question

1) Suppose you generated 1,000 random integers from 2 to 8, inclusive. (a) What are the expected mean and standard deviation of these 1,000 integers? (Round your mean value to 1 decimal place and standard deviation value to 3 decimal places.) Mean Standard deviation (d) Which Excel function would you use to generate these 1,000 integers? RANDBETWEEN(2,8)

2)

Pepsi and Mountain Dew products sponsored a contest giving away a Lamborghini sports car worth $354,000. The probability of winning from a single bottle purchase was .00000540.

Answer 1

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