In: Math
X ~ N(70, 14). Suppose that you form random samples of 25 from this distribution. Let X bar be the random variable of averages. Let ΣX be the random variable of sums. Find the 40th percentile
Given that,
mean = = 70
standard deviation = = 14=3.7417
n = 25
= 70
= / n = 3.7417 /25=0.74834
Using standard normal table,
P(Z < z) =40%
= P(Z < z) = 0.40
= P(Z < -0.25) = 0.40
z = -0.25
Using z-score formula
= z * +
= -0.25*0.74834+70
= 69.8129
answer =70