Use the NORM.INV function to calculate the required income to receive the government aid
Автор: LEARN IT in 30 seconds by TEST4U
Загружено: 2017-12-22
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We assume that the family income in a town follows the normal distribution. The mayor will give an aid to 5% of the population with the lowest income. Calculate with the proper Excel function the maximum income a family might have to be eligible for the aid in the cell B5.Want more? Then download our TEST4U demo from https://www.test4u.eu/en/demo
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