According to a customer’s crypto transaction records, 15% of…

According to a customer’s crypto transaction records, 15% of their transactions are Bitcoin sells. If a random sample of 20 transactions was selected, what is the probability that 8 of these transactions are Bitcoin sells? Select the appropriate Excel function used to find the probability.  General syntax: BINOM.DIST(number_s, trials, probability_s, cumulative)

During the first quarter of 2017, an investment group’s aver…

During the first quarter of 2017, an investment group’s average purchase price of Bitcoin was $2,500.175 with a standard deviation of $600. Assume that the purchase prices follow a normal distribution. Approximately 75% of Bitcoin purchases were less than what price? Select the appriopriate Excel function for this problem.