In: Statistics and Probability
Please show any calculations.
Target Store Survey Questions
Percentile
If I am taller than 92% of the population, the percentile is 92%
Normal Distribution
Mean = 45, Sd = 5, We need to find P(45 < X < 50), Using Z scores
P(45 < X < 50) = P(X < 50) - P(X<45)
So, 34.13% of students are expected to score between 45 and 50
Example of how statistics can help you make more informed choices in your life.
I use statistics to invest in the stock market. Analyzing the behavior of stocks from past performances and analyzing the market trend statistically helps me in informed decision making
Please let me know if you have any doubts. Happy to help.Please thumbs up if you like the solution. Thanks