In: Statistics and Probability
Solution:
Given: the number or interviews received by a college graduating class is normally distributed with a mean of 8 interviews , standard deviation of 2 interviews.
That is: X ~ Normal .
We have to find x = Number of interviews such that: 15% of all graduates receive more than x interviews.
That is find x value such that:
P( X > x ) =15%
P( X > x ) =0.1500
Thus find z value such that:
P( Z > z ) =0.1500
that is :
P(Z < z ) =1 - P( Z> z )
P(Z < z ) =1 - 0.1500
P(Z < z ) = 0.8500
Look in z table for Area = 0.8500 or its closest area and find corresponding z value.
Area 0.8508 is closest to 0.8500 and it corresponds to 1.0 and 0.04
that is z = 1.04
Now use following formula to find x value:
Thus 15% of all graduates receive more than 10 interviews.