In: Statistics and Probability
Many educational institutions award three levels of Latin honors often based on GPA. These are laude (with high praise), magna laude (with great praise), and summa laude (with the highest praise). Requirements vary from school to school. Suppose the GPAs at State College are normally distributed with a mean of 2.9 and standard deviation of 0.43.
(a) Suppose State College awards the top 2% of students (based
on GPA) with the summa laude honor. What GPA gets you this
honor? Round your answer to 2 decimal
places.
GPA or higher
(b) Suppose State College awards the top 10% of students (based on
GPA) with the magna laude honor. What GPA gets you this
honor? Round your answer to 2 decimal
places.
GPA or higher
(c) Suppose State College awards the top 20% of students (based on
GPA) with the laude honor. What GPA gets you this honor?
Round your answer to 2 decimal places.
GPA or higher
Solution:-
Given that,
mean = = 2.9
standard deviation = = 0.43
a) Using standard normal table,
P(Z > z) = 2%
= 1 - P(Z < z) = 0.02
= P(Z < z) = 1 - 0.02
= P(Z < z ) = 0.98
= P(Z < 2.05) = 0.98
z = 2.05
Using z-score formula,
x = z * +
x = 2.05 * 0.43 + 2.9
x = 3.78
b) Using standard normal table,
P(Z > z) = 10%
= 1 - P(Z < z) = 0.10
= P(Z < z) = 1 - 0.10
= P(Z < z ) = 0.90
= P(Z < 1.28) = 0.90
z = 1.28
Using z-score formula,
x = z * +
x = 1.28 * 0.43 + 2.9
x = 3.45
c) Using standard normal table,
P(Z > z) = 20%
= 1 - P(Z < z) = 0.20
= P(Z < z) = 1 - 0.20
= P(Z < z ) = 0.80
= P(Z < 0.84) = 0.80
z = 0.84
Using z-score formula,
x = z * +
x = 0.84 * 0.43 + 2.9
x = 3.26