Question

In: Statistics and Probability

Z is a random normal variable. Find the following z values using excel: a. What is...

Z is a random normal variable. Find the following z values using excel:

a. What is the value of z if the area to the left of z is 0.9515 ?

b. What it the value of z if the area to the left of z is 0.1249 ?

c. What is the value of z if the area to the right of z is 0.33 ?

d. What is the z value such that the area between -z and z is 0.80 ?

Solutions

Expert Solution

a. Excel function :                =NORM.INV(0.9515,0,1)

   Answer :                    1.659575

b. Excel function :                =NORM.INV(0.1249,0,1)

   Answer :                  -1.15084

c. Excel function :      =NORM.INV(0.67,0,1)

   Answer :                 0.439913

d. Excel function :      =NORM.INV(0.9,0,1)

   Answer :                 1.281552

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orchestra answered 1 year ago
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