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02exS - 1a 0.7 − 0.2 = 0.5 b 0.5/0.7 = 0.7143 c 0.3 2a 85...

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1 ISOM111 Business Statistics (Fall 2010) BRIEF Solutions for Exercise 2 Please note that some are numerical answers only. Answer without work will only earn you partial credit in exam
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Unformatted text preview: 1a. 0.7 − 0.2 = 0.5 b. 0.5/0.7 = 0.7143 c. 0.3 2a. 85 b. 0.9730 3a. 0.6 b. 0.373 c. i) 0.511 ii) 0.4349 d. 0.615...
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