If the area under the standard normal distribution curve is 0.3892 from the right, what is the

Fantastic news! We've Found the answer you've been seeking!

Question:

If the area under the standard normal distribution curve is 0.3892 from the right, what is the corresponding z-score?

Student's incorrect answer:

We plug in "=NORM.INV(0.3892)" into Excel and get a z-score of -0.281.

Identify where the student went wrong when solving the problem above. Show how to correctly calculate the answer using Excel in the area to the right of this text box. Finish the problem by stating how to correctly set up the problem and solve it below.

PLEASE INCLUDE EXCEL FORMULA FUNCTION FOR INPUT

Posted Date: May 17, 2024 11:12 AM

See More Questions

Instructions: The following questions on the next six tabs are shown to you by a student who is asking for help. Your job is to help the student walk through the problems by showing the student how...
Scenario Frank only had a brief introduction to statistics when he was in high school 12 years ago, and that did not cover inferential statistics. He is not confident in his ability to answer some of...
The All-Ordinaries Share Price Index (SPI) stands at 3,700 and has a volatility (standard deviation) of 20% per annum.The risk-free rate of interest is 6% p.a. and the index provides a dividend yield...
3: Command pattern and a word-processor's Undo and Redo You probably have already used Ctrl+Z (for Undo) and Ctrl+Y (for Redo) in your word processor. What do you think might be a WordProcessor...
Create a trigger named trg_mem_balance that will maintain the correct value in the membership balance in the MEMBERSHIP table when videos are returned late. The trigger should execute as an AFTER...
What is the main advantage of a SAC over a digital-ramp ADC?
On January 1, 2020, Lessee Company leases equipment with a fair value of $\$ 2,000$ from Lessor Company for 3 years, with no renewal options. The estimated life of the equipment is 5 years and...
Tierney County Total Governmental Funds Preclosing Trial Balance December 31, 20X5 Debit Credit Additional Information 1. The beginning trial balance of the general capital assets and general...
Balance the Petty Cash Log and prepare for reimbursement of the Petty Cash Fund.Use the Andrew's Slabs Workbook Template (excel Sheet) to record your responses to this, and thefollowing 4...
What procurement method is used between open bidding and limited bidding when constructing a mega solar photovoltaic power plant worth about One hundred million united states dollars?
Golden State Elixirs' tinctures are produced in four steps: extraction, blending, testing, and bottling. The first step is the extraction of cannabis oil from cannabis buds, also called cannabis...
Evaluate the role of non-traditional thermodynamic cycles, such as supercritical CO2 cycles, organic Rankine cycles, and Kalina cycles, in improving energy efficiency and reducing emissions in power...
Convert the following measurement. 5 mol 5.6 10 - 2 kg.m mol gcm 2
The aviation industry is highly competitive and, to get noticed, you must differentiate yourself. For this reason, the Aviation School designed a flight attendant course, in which knowledge will be...
On January 1, 2024, Ling Services issued $165,000 of five-year, 12% bonds when the market interest rate was 10%. The issue price of the bonds was $177,758. Ling uses the effective-interest method to...
Which description does NOT fit in description of "issues" in the context of international standards? a. An unsettled matter. b. A vital matter. c. A change in the environment. d. A concern or...
Coastal Refining Company operates a refinery with a distillation capacity of 12,000 barrels per day. As a new member of Coastal's management team, you have been given the task of developing a...
What are G.E. Moulton's fraud identifiers?
Give the percentages when CEOs and CFOs are involved in fraudulent financial fraud cases.
What was the pressure on Tracey Henderson, an executive of the Australia Football League, to steal?

If the area under the standard normal distribution curve is 0.3892 from the right, what is the

Question:

Expert Answer:

Students also viewed these mathematics questions