In: Statistics and Probability
For a normally distributed population with a mean of 450 and standard deviation of 20 answer the following questions.
BLANK #1: What is the probability of finding a value below 411.2? (ANSWER IN DECIMAL FORM TO 4 DECIMAL PLACES)
BLANK #2: What percent of values are above 476.6? (ANSWER AS A PERCENT TO 2 DECIMAL PLACES...INCLUDE PERCENT SIGN WITH ANSWER)
BLANK #3: The bottom 20% of observations are below what value? (ANSWER TO 2 DECIMAL PLACES)
BLANK #4: What value would you expect to find the top 10% above? (ANSWER TO 2 DECIMAL PLACES)
Solution :
Given that ,
mean = = 450
standard deviation = = 20
BLANK #1:
P(x < 411.2) = P[(x - ) / < (411.2 - 450) /20 ]
= P(z < -1.94)
= 0.0262. ,
Probability = 0.0262
BLANK #2:
P(x > 476.6) = 1 - P(x < 476.6)
= 1 - P[(x - ) / < (476.6 450) /20 )
= 1 - P(z < 1.33)
= 1 - 0.9082
0.0918 = 9.18%
Percent = 9.18%
BLANK #3:
Using standard normal table ,
P(Z < z) = 20%
P(Z < z) = 0.2
P(Z < -0.84) = 0.2
z = -0.84
Using z-score formula,
x = z * +
x = -0.84 * 20 + 450 = 433.20
The bottom 20% of observations are below the value is 433.20
BLANK #4
Using standard normal table ,
P(Z > z) = 10%
1 - P(Z < z) = 0.1
P(Z < z) = 1 - 0.1 = 0.9
P(Z < 1.28) = 0.9
z = 1.28
Using z-score formula,
x = z * +
x = 1.28 * 20 + 450 = 475.60
value the top 10% above is 475.60