Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The function NORMDIST(x, mu, sigma, TRUE) computes the probability that a normal observation with a fixed mean (mu) and standard deviation (sigma) is less than

The function NORMDIST(x, mu, sigma, TRUE) computes the probability that a normal observation with a fixed mean (mu) and standard deviation (sigma) is less than x. There is also a function for computing the inverse operation: the function NORMINV(p, mu, sigma) computes a value x such that the probability that a normal observation is less than x is equal to P. A) Compute the probability that an observation from a N(3, 5) population is less than 7. B) Find the number x such that P{ N(4, 4) < x } = .75, i.e., such that a normal observation with mean 4 and standard deviation 4 has probability .75 of being less than x. C) If the heights of 17-your-old girls are known to be normally distributed with mean 64 inches and standard deviation 3 inches, how tall must Taylor be when she is 17 so that she will be taller than 73% of other girls her age?

Use excel

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Mathematics questions

Question

1. Discuss depth interview techniques in detail.

Answered: 1 week ago