1. The scores on a test have a mean of 100 and a standard deviation of 15. If a personnel manager wishes to select from the top 75% of applicants who take the test, find the cutoff score.
1. The scores on a test have a mean of 100 and a standard deviation of 15. If a personnel manager wishes to select from the top 75% of applicants who take the test, find the cutoff score.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:**Statistics and Data Analysis Problems**
1. **Test Score Selection**
The scores on a test have a mean of 100 and a standard deviation of 15. If a personnel manager wishes to select from the top 75% of applicants who take the test, find the cutoff score.
2. **Charitable Contributions Analysis**
The average charitable contribution itemized per income tax return in Pennsylvania is $792. Suppose that... (continued text not visible).
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*Explanation of Concepts:*
- **Mean**: The average of all data points.
- **Standard Deviation**: Measures the dispersion of data points from the mean.
*Example Calculation*:
To find the cutoff score for the top 75% of applicants, you can use the following steps:
1. Determine the Z-score corresponding to the 25th percentile (since you want the top 75%).
2. Apply the Z-score formula: \( X = \mu + Z\sigma \).
Where:
- \( X \) is the cutoff score,
- \( \mu \) is the mean,
- \( Z \) is the Z-score.
- \( \sigma \) is the standard deviation.
Refer to a Z-table to find the Z-score for the 25th percentile (approximately -0.674).
Example calculation:
\( X = 100 + (-0.674 \times 15) \)
\( X = 100 - 10.11 \)
\( X \approx 89.89 \)
*Cutoff score*: Approximately 90 (to be from the top 75%).
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