Question

In: Statistics and Probability

Find the value of z such that 0.02 of the area lies to the right of...

Find the value of z such that 0.02 of the area lies to the right of z. Round your answer to two decimal places.

Solutions

Expert Solution

P(Z > z) = 0.02

or, 1 - P(Z < z) = 0.02

or, P(Z < z) = 0.98                                                                                                                                                 

or, z = 2.05 (ans)                                                                                               


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