4.94 Suppose x is a normally distributed random variable with u = 50 and o = 3. Finda value of the random variable, call it xo, such thata. P(x < xo) = .8413b. Р(х > хо) %3 .025с. Р(х > хо) %3.95d. P(41 < x < xo) = .8630e. 10% of the values of x are less than xp.f. 1% of the values of x are greater than xo.

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Suppose x is a normally distributed random variable with u = 50 and o = 3. Find a value of the random variable, call it x», such that a. P(x < xo) = .8413 b. P(x > xo) = .025 c. P(x > xo) = .95 d. P(41 < x < xo) = .8630 e. 10% of the values of x are less than xo. f. 1% of the values of x are greater than xo.

Suppose x is a normally distributed random variable with u = 50 and o = 3. Find a value of the random variable, call it x», such that a. P(x < xo) = .8413 b. P(x > xo) = .025 c. P(x > xo) = .95 d. P(41 < x < xo) = .8630 e. 10% of the values of x are less than xo. f. 1% of the values of x are greater than xo.

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter7: Uncertainty

Section: Chapter Questions

Problem 7.3P

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