Find z such that P(Z > z) = 0.12.
Answer to relevant QuestionsFind two values, equidistant from 0 on either side, such that the probability that a standard normal random variable will be between them is 0.40. If X is normally distributed with mean 500 and standard deviation 20, find the probability that X will be above 555. Wine Spectator rates wines on a point scale of 0 to 100. It can be inferred from the many ratings in this magazine that the average rating is 87 and the standard deviation is 3 points. Wine ratings seem to follow a normal ...For a normal random variable with mean 19,500 and standard deviation 400, find a point of the distribution such that the probability that the random variable will exceed this value is 0.02. Private consumption as a share of GDP is a random quantity that follows a roughly normal distribution. According to an article in Business Week, for the United States that was about 71%. Assuming that this value is the mean ...
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