Given a standardized normal distribution (with a mean of 0 and a standard deviation of 1)
(round to 4 decimal places)
a) What is the probability that Z is between −1.59 and 1.88?
b) What is the probability that Z is less than −1.59 or greater than 1.88?
c) What is the value of Z if only 1% of all possible Z values are larger?
d) Between what two values of Z (symmetrically distributed around the mean) will 98.36% of all possible Z values becontained?
a)
P(-1.59 < Z < 1.88) = P(Z < 1.88) - P(Z < -1.59)
= 0.9699 - 0.0559
= 0.9140
b)
P(z < -1.59 O z > 1.88) = 1 - P(-1.59 < Z < 1.88)
= 1 - 0.9140
= 0.0860
c)
We have to calculate z such that
P(Z > z) = 0.01
P(Z < z) = 1 - 0.01
P(Z < z) = 0.99
From Z table, z-score for the probability of 0.99 is 2.33
z = 2.33
d)
P(-z < Z < z) = 0.9836
P(Z < z) - P(Z < -z) = 0.9836
P(Z < z) - ( 1 - P(Z < z) ) = 0.9836
P(Z < z) - 1 + P(Z < z) = 0.9836
2 P(Z < z) = 1.9836
P(Z < z) = 0.9918
From Z table, z-score for the probability of 0.9918 is 2.40
Two z values are -2.40 and 2.40
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