A package of Toys Galore Cereal is marked "Net Wt. 14 oz." The actual weight is normally distributed, with a mean of 14 oz and a variance of 0.04. (a) What percent of the packages will weigh less than 14 oz? (b) What weight will be exceeded by 2.3% of the packages? (Round your answer to one decimal place.)
Inverse Normal Distribution
The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.
Mean, Median, Mode
It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.
Z-Scores
A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow comparison between two scores that belong to different normal distributions.
A package of Toys Galore Cereal is marked "Net Wt. 14 oz." The actual weight is
(a) What percent of the packages will weigh less than 14 oz?
(b) What weight will be exceeded by 2.3% of the packages? (Round your answer to one decimal place.)
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