SCMG433GroupAssignment1ProbabilityDistribution-1

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Prof. Fallahtafti Page 1 of 1 Group Assignment 1 (20 points) The first group assignment is application exercises related to module 1 (i.e., Descriptive Statistics and Discrete/Continuous Probability Distributions). You are expected to work in a team meaningfully and provide one report which answers the following questions. Datasets are available on Canvas. 1. (10 points) Assume a new mini business farm in the southern US produces avocados and ships the production to wholesalers. The number of avocados in boxes varies. Data (the number of avocados in boxes) for 120 boxes has been recorded. Use the data file (i.e., Dataset_Avocado) and answer the following questions: a. Use Excel and summarize the data (mean, median, mode, and the standard deviation of the weight per box). b. Use Excel and draw a table showing the probability distribution and cumulative probability distribution of the number of avocados per box (based on available data). c. Use Excel and graph the probability distribution. d. What is the probability that a randomly chosen box will contain more than 45 and less than 49 avocados (inclusive)? e. Two boxes are chosen at random. What is the probability that at least one of them contains at least 47 avocados? 2. (10 points) Assume the amounts of money spent on clothing in a year by students on a particular campus follow a normal distribution. Use the data file (i.e., dataset_MoneySpentOnClothing) and answer the following questions: a. Use Excel and draw a histogram representing the shape of the distribution. b. One student is randomly chosen. What is the probability that the student will spend less than $500 on clothing in a year? c. Another student is randomly chosen. What is the probability that the student will spend more than $400 on clothing in a year? d. Interpret the results in b and c. e. What is the probability that a randomly chosen student will spend between $400 and $500 on clothing in a year?
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