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Create a probability distribution using the data which shows how many cartons of the wine cooler were bought per customer in a month.
- Create a probability distribution using the data which shows how many cartons of the wine cooler were bought per customer in a month.
- Calculate the mean and the standard deviation of your probability distribution.
- Calculate the probability that exactly 3 six packs will be bought in a month.
- Calculate the probability that between 4 and 8 six packs will be bought in a month.
- Calculate the probability that at least 5 six packs will be bought in a month.
- Calculate the probability that no more than 5 six packs will be bought in a month.
RESULTS OF CONCEPT RATING FOR NEW WINE COOLER
Rating of the appeal of the phrase
as it relates to the new wine cooler Gender Age
Male Female 21 - 24 25 -34 35-49
Extremely appealing (5) 68 83 48 63 40
Somewhat appealing (4) 51 40 36 32 23
Neither appealing nor not appealing (3) 21 15 9 16 11
Somewhat unappealing (2) 7 6 4 6 3
Not at all appealing (1) 3 6 4 3 2
