PLEASE SHOW THE WORK
In a normal model with a mean of 100 and standard deviation of 16, what cutoff value bounds
Solution :
Using standard normal table ,
a.
P(Z > z) = 5%
1 - P(Z < z) = 0.05
P(Z < z) = 1 - 0.05
P(Z < 1.65) = 0.95
z = 1.65
Using z-score formula,
x = z * +
x = 1.65 * 16 + 100 = 126.4
cutoff value bounds is 126.4
b.
P(Z < z) = 30%
P(Z < -0.52) = 0.3
z = -0.52
Using z-score formula,
x = z * +
x = -0.52 * 16 + 100 = 91.68
cutoff value bounds is 91.68
c.
Middle 80% as the to z values are -1.282 and 1.282
Using z-score formula,
x = z * +
x = -1.282 * 16 + 100 = 79.49
and
x = 1.282 * 16 + 100 = 120.51
Two values are 79.49 and 120.51
Get Answers For Free
Most questions answered within 1 hours.