Suppose you are working with a data set that is normally distributed, with a mean of 350 and a standard deviation of 47. Determine the value of x from the following information. (Round your answers and z values to 2 decimal places.)
(a) 80% of the values are greater than x. Entry field with incorrect answer (b) x is less than 16% of the values. Entry field with incorrect answer (c) 21% of the values are less than x. Entry field with incorrect answer (d) x is greater than 60% of the values.
Here, we are given the distribution as:
a) The value of x here is computed as:
P(X > x) = 0.8
Converting this to a standard normal variable, we get:
P(Z > -0.8416 ) = 0.8
Therefore, we have here:
Therefore x = 310.4448 is the required value here.
b) Here, we need to find x such that:
P( X > x ) = 0.16
From standard normal variable, we get:
P(Z > 0.9945 ) = 0.16
Therefore, the value of x here is computed as:
c) The value of x here is computed by using the fact that:
P( X < x) = 0.21
From standard normal tables, we have:
P(Z < -0.8064 ) = 0.21
Therefore, the value of x is obtained as:
d) We have here:
P(X < x) = 0.6
From standard normal tables, we have:
P(Z < 0.2533 ) = 0.6
Therefore, the value of x is computed to be:
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