Question

GMAT scores for students accepted to Suffolk University’s MBA program are approximately normally distributed with a...

GMAT scores for students accepted to Suffolk University’s MBA program are approximately normally distributed with a mean score of 465 and a standard deviation of 103.

a. What score does a student need to have to be at the 85th percentile? Do not round.

b. What is the probability that an accepted student has a GMAT score between 400 and 500? Round z-values to 2 decimal places.

Homework Answers

Answer #1

Given that,

mean = = 465

standard deviation = = 103

Using standard normal table,

P(Z < z) =85 %

= P(Z < z) = 0.85  

= P(Z <1.04 ) = 0.85

z =1.04 Using standard normal z table,

Using z-score formula  

x= z * +

x= 1.04 *103+465

x= 572.12

(B)

P(400< x <500 ) = P[(400-465) /103 < (x - ) / < (500-465) /103 )]

= P( -0.63< Z <0.34 )

= P(Z <0.34 ) - P(Z < -0.63)

Using z table   

= 0.6331-0.2643

probability= 0.3688

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