87% area between -z and z means 100-87% = 13% area outside the -z and z range
we know that the distribution is symmetric, so we will have 13/2 = 6.5% on left hand side and 6.5% on right hand side.
6.5% means 6.5/100 = 0.065
Using the z distribution table for 0.065 or using excel function NORMSINV(probability)
we get
= NORMSINV(0.065)
= -1.51
This is the left tailed area, so right tailed area will be same, but with positive sign
So, left area is -1.51 and right area is 1.51
Therefore, 87% of the standard normal curve lies between -1.51 and 1.51
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