Question

Finding probabilities for the Normal (bell-shaped) distribution Name three different ways you can find probabilities for...

Finding probabilities for the Normal (bell-shaped) distribution

Name three different ways you can find probabilities for the Normal distribution.

Homework Answers

Answer #1

Three different ways to find the probabilities for the normal distribution are:

1) Using the statistical tables, as the cumulative probabilities of the standard normal distribution are listed there and as a result probabilities of the normal distribution with any parameter values can be found out by converting it in the standard form.

2) Using the Excel software, functions which are useful are NORMSDIST and NORMSINV.

3) Empirical rule can be used to obtain the same which is also known as 68.3-95-99.7 rule.

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