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SOLVED: Exercise 2: The Normal Distribution. The function NORMDIST(x, mu, sigma, TRUE) computes the probability that a normal observation with a fixed mean (mu) and standard deviation (sigma) is less than x. There is also a function for computing the inverse operation: the function NORMINV(p, mu, sigma) computes a value x such that the probability that a normal observation is less than x is equal to P. A. Compute the probability that an observation from a N(3, 5) population is less than 7. B
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