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Use Random number generator and simulate 1000 long columns, for each of the three cases. Example: for the Car type 1, use Number of variables=1, Number of random numbers=1000, Distribution=Normal, Mean=520 and Standard deviation=110, and leave random Seed empty. Next: use either sorting to construct the appropriate histogram or rule of thumb to answer the questions: 13. What is approximate probability that Car Type 3 has annual cost less than $550?
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Use Random number generator and simulate 1000 long columns, for each of the three cases. Example: fo...
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