READ THE GIVEN PROBLEM AND ANSWER THE QUESTION THAT FOLLOWS. SHOW YOUR SOLUTION. Suppose that you enter a fishing contest. The contest takes place in a pond where the fish lengths have a normal distribution with mean of 16 inches and standard deviation of 4 inches. QUESTIONS: 1. What is the percentile rank of your catch of 10 inches? SHOW YOUR SOLUTIONS 2. What is the minimum length to belong to the upper 5% of the fish in the pond? SHOW YOUR SOLUTIONS
Continuous Probability Distributions
Probability distributions are of two types, which are continuous probability distributions and discrete probability distributions. A continuous probability distribution contains an infinite number of values. For example, if time is infinite: you could count from 0 to a trillion seconds, billion seconds, so on indefinitely. A discrete probability distribution consists of only a countable set of possible values.
Normal Distribution
Suppose we had to design a bathroom weighing scale, how would we decide what should be the range of the weighing machine? Would we take the highest recorded human weight in history and use that as the upper limit for our weighing scale? This may not be a great idea as the sensitivity of the scale would get reduced if the range is too large. At the same time, if we keep the upper limit too low, it may not be usable for a large percentage of the population!
READ THE GIVEN PROBLEM AND ANSWER THE QUESTION THAT FOLLOWS. SHOW YOUR SOLUTION.
Suppose that you enter a fishing contest. The contest takes place in a pond where the fish lengths have a
QUESTIONS:
1. What is the percentile rank of your catch of 10 inches? SHOW YOUR SOLUTIONS
2. What is the minimum length to belong to the upper 5% of the fish in the pond? SHOW YOUR SOLUTIONS
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