Most graduate schools of business in America require applicants for admission to take the Graduate Management Admission Council's GMAT examination. Scores on the GMAT are roughly normally distributed with a mean of 527 and a standard deviation of 112. Let Z denote a standard normal random variable. Complete the following statements by providing the relevant values: The probability of an individual scoring above 500 on the GMAT is given by P(Z > k) = p where k : Round your answer to 2 decimal places. and p = II] Round your answer to 4 decimal places. Submit part 2 marks Unanswered b) The value of the 3rd percentile of Z is Roundyouranswer to2decfmalplaces