Probabilities from the normal distribution
Since each deal Amir worked on (both won and lost) was different, each was worth a different amount of money. These values are stored in the amount
column of amir_deals
and follow a normal distribution with a mean of 5000 dollars and a standard deviation of 2000 dollars. As part of his performance metrics, you want to calculate the probability of Amir closing a deal worth various amounts.
norm
from scipy.stats
is imported as well as pandas
as pd
. The DataFrame amir_deals
is loaded.
This exercise is part of the course
Introduction to Statistics in Python
Hands-on interactive exercise
Have a go at this exercise by completing this sample code.
# Probability of deal < 7500
prob_less_7500 = ____
print(prob_less_7500)