## Related questions with answers

The following Excel spreadsheet calculates the upper and lower control limits for a continuous variable. Re-create this spreadsheet in Excel. You should develop the spreadsheet so that the results will be recalculated if any of the values in the highlighted cells are changed. Your formatting does not have to be exactly the same, but the numbers should be. (As a test, see what happens if all five observations in Sample 1 are 40. Your new upper and lower control limits for the sample means should be 36.05 and 34.28, respectively.

Solution

VerifiedIn this problem, we are tasked to **make use of Microsoft Excel in applying the calculations of upper and lower control limits given the continuous variables.**

Also, we are tasked to **make observations once the given circumstances are changed in the spreadsheet.**

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