X is a normally distributed random variable with a mean of 100 and a variance of 144. Use Excel to find the value of X that gives a probability of 10% on the right. In other words, find Xo such that P(X > Xo) = 0.10. Write your answer to 4 decimal places.
115.3672
115.3786
115.3600
115.3721
correct option B. 115.3786
Given,
mean = 100
variance = 2 = 144
So,
standard deviation = = 12
Now, Using standard normal table,
P(Z > z) = 10%
=> 1 - P(Z < z) = 0.1
=> P(Z < z) = 1 - 0.1 = 0.9
=> P(Z < 1.2816) = 0.9
z = 1.2816
Therefore,
Using z-score formula,
X0 = z * +
X0 = 1.2816 * 12 + 100 = 115.3792
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