In: Statistics and Probability
A population of values has a normal distribution with
μ=52.6μ=52.6 and σ=8.6σ=8.6. You intend to draw a random sample of
size n=115n=115.
Find P98, which is the score separating the
bottom 98% scores from the top 2% scores.
P98 (for single values) =
Find P98, which is the mean separating the
bottom 98% means from the top 2% means.
P98 (for sample means) =
Enter your answers as numbers accurate to 1 decimal place. Answers
obtained using exact z-scores or z-scores rounded
to 3 decimal places are accepted.
Solution :
mean = = 52.6
standard deviation = = 8.6
Using standard normal table,
P(Z < z) = 98%
P(Z < 2.054) = 0.98
z = 2.054
Using z-score formula,
x = z * +
x = 2.054 * 8.6 + 52.6 = 70.3
P 98 = 70.3
n = 115
= 52.6
= / n = 8.6 / 115 = 0.802
= z * + = 2.054 * 0.802 + 52.6 = 54.2
P 98 = 54.2