Suppose years of education is approximately normally distributed with µ=17 years and σ=1.5 years. What is the probability of randomly selecting a student with a college degree from this population (college=20 years or more)? (Provide 3 decimal places in your answer)
Solution :
Given that ,
mean = = 17
standard deviation = = 1.5
P(x 20) = 1 - P(x 20)
= 1 - P[(x - ) / (20 - 17) / 1.5]
= 1 - P(z 2)
= 1 - 0.9772
= 0.023
probability = 0.023
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