>Statistics homework help.
Purpose of Assignment
This assignment provides practice on probability and measures of relative standing so students can use these skills for their Signature Assignment.
Each Member: (including the team lead)
A. Will complete the six exercises in the Excel file, Measures of Relative Standing and Probability Distribution Problem Set Template.
B. Interpret the five-number summary on Question 1 in everyday language. Submit your Excel file to the team classroom for collaboration.
C. Participate in the comparison of the exercise results, and Question 1 interpretation of each member’s Excel file.
The team lead (or appointee) will post a team Excel file for grading on behalf of the team.
Note: Each member earns a grade based upon their contributions to the team assignment.
Submit your assignment in an Excel document.