Assume that the readings at freezing on a batch of thermometers are Normally distributed with mean 0°C and standard deviation 1.00°C.
Find P1, the 1-percentile of the distribution of temperature readings. This is the temperature reading separating the bottom 1% from the top 99%.
°C Round to 2 places.
Given that the readings at freezing on a batch of thermometers are Normally distributed with mean = 0°C and standard deviation = 1.00°C.
Hence to calculate the 1 percentile value for this distribution hence we need to find the Z score for 1 percentile which can be calculated using the excel formula for normal distribution which is =NORM.S.INV(0.01), thus the Z-score computed is -2.326.
Z = -2.326
Now the based on the Z score mathematical formula the 1 percentile value is calculated as:
Hence the 1-percentile value would be -2.33 °C.
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