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November 22, 2022

Explain how probabilities help you understand trends in data.

Probability

Resource: Case Study 5.2 in Chapter 5 of Essentials of Business Statistics

Calculate the requested probabilities for items 1-3.

Discuss your findings for the probabilities.

• Identify the smoking trend from 1997-2007.

• Explain whether this is a discrete, continuous, or conditional probability.

• Explain how probabilities help you understand trends in data.

• Recommend steps related to smoking behavior based on this trend.

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