QNT 351 - Week 3 Discussion Questions - 62267

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QNT 351 - Week 3 Discussion Questions

Discussion Question 1 : An oil change shop advertised to change oil within 15 minutes. Based on the data collected on a typical day, what is the probability that oil change will take 15 minutes or less time? Based on the data, do you think the business claim is valid? Explain why or why not.

 

Discussion Question 2 : What are the characteristics of standard normal distribution? The HR department of an organization collects data on employees' age, salary, level of education, gender, and ethnicity. Which data do you think is more likely to follow normal distribution? Explain why.

 

Discussion Question 3 : What is the role of probability concepts in business decision-making? Provide specific examples.

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QNT 351 - Week 3 Discussion Questions

Discussion Question 1 : An oil change shop advertised to change oil within 15 minutes. Based on the data collec

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