Assume that the distribution of data in Exercise 6.137 was exactly normally distributed, with a mean of
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a. Find the bounds of the middle 95% of the distribution.
b. What percent of the data is actually within the interval found in part a?
c. Using z-scores, determine the percentage of estimated conformance to specification. That is, what percentage of the measurements would be expected to fall within the specification range of 0.000 +-0.030 units?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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