- #1
trueacoustics
- 18
- 0
How would you find/estimate the probability of receiving the same utility bill, to the cent, two months in a row. This is a continuous distribution with an infinite amount of solution. However, for practicality, I want to make the distribution more finite. In reality, my bill will probably never exceed 150. I won't be able to tell you the mean or median of the distribution, but a very rough estimate of the interquartile range is $40-80.
Thanks,
Tony
Thanks,
Tony