Create a probability distribution using the data which shows how many cartons of the wine cooler were bought per customer in a month.

  1. Create a probability distribution using the data which shows how many cartons of the wine cooler were bought per customer in a month.
  • Calculate the mean and the standard deviation of your probability distribution.
  • Calculate the probability that exactly 3 six packs will be bought in a month.
  • Calculate the probability that between 4 and 8 six packs will be bought in a month.
  • Calculate the probability that at least 5 six packs will be bought in a month.
  • Calculate the probability that no more than 5 six packs will be bought in a month.

RESULTS OF CONCEPT RATING FOR NEW WINE COOLER

Rating of the appeal of the phrase

as it relates to the new wine cooler     Gender                                 Age

                                                              Male Female      21 – 24    25 -34    35-49

 Extremely appealing (5)                           68      83           48              63        40

 Somewhat appealing (4)                          51      40            36              32        23

Neither appealing nor not appealing (3)   21      15              9                16        11

Somewhat unappealing (2)                       7         6              4                 6           3

 Not at all appealing (1)                             3         6             4                 3          2

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