Guide to Using Minitab 14 For Basic Statistical
Guide to Using Minitab 14 For Basic Statistical Applications To Accompany Business Statistics: A Decision Making Approach, 7 th Ed. Chapter 6: Introduction to Continuous Probability Distributions By Groebner, Shannon, Fry, & Smith Prentice-Hall Publishing Company Copyright, 2008
Standard Normal State Bank and Trust Issue: State bank managers have studied the time customers spend at the bank on business. They plan to offer a gift certificate to any customer who is required to spend over 30 minutes on bank business. Objective: Use Minitab to analyze, create histogram and determine the probability that a certificate will be given to any customer. The data file is State Bank. MTW.
Standard Normal – State Bank and Trust Open Data File: State Bank. MTW
Select Graph - Histogram
Standard Normal – State Bank and Trust Select Simple
Standard Normal – State Bank and Trust Define variable to graph –Click OK
Standard Normal – State Bank and Trust Completed Histogram – next determine probability of a customer waiting over 30 minutes
Standard Normal – State Bank and Trust Select Calc – Probability Distribution - Normal
Standard Normal – State Bank and Trust Set to Cumulative Probability – Specify Mean and Standard Deviation and the input constant(x = 30 here)
Standard Normal – State Bank and Trust P(X <30) = 0. 9016 Then P (x > 30) = 1 - 0. 9016 = 0. 0984
Exponential Distribution Haines Internet Services Issue: The time between connect attempts averages two minutes and the distribution of time between attempts is assumed to be exponential. Objective: Use Minitab to compute the probability that the time between connect attempts will be less or equal to 45 seconds.
Exponential Distribution – Haines Internet Services Use Calc – Probability Distributions - Exponential
Exponential Distribution – Haines Internet Services Check Cumulative – Specify Mean = 2 seconds and define input constant ( 0. 75 here).
Exponential Distribution – Haines Internet Services Exponential Distribution Probability Result P(X < 0. 75 minutes) = 0. 3127
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