The exam scores on a certain Society of Actuaries (SOA) professonal examination are Normally distributed with a mean score of μ = 70% and a standard deviation of o = 5 %. (a) What is the probability that a random chosen person who is writing this SOA exam will score at most 65%? Note, when finding/using z-values, use three decimals. (use four decimals in your answer) (b) What proportion of all persons writing this SOA Exam will score between 74% and 83% on the exam? Use four decimals in your answer. (c) 34% of all persons writing this SOA Examination will not pass. What is the minimum mark needed to pass this exam? Enter your answer to two decimal places, and enter as a percentage. %

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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The exam scores on a certain Society of Actuaries (SOA)
professonal examination are Normally distributed with a
mean score of μ: = 70% and a standard deviation of o = 5
%.
(a) What is the probability that a random chosen person
who is writing this SOA exam will score at most 65%?
Note, when finding/using z-values, use three decimals.
(use four decimals in your answer)
(b) What proportion of all persons writing this SOA Exam
will score between 74% and 83% on the exam? Use four
decimals in your answer.
(c) 34% of all persons writing this SOA Examination will
not pass. What is the minimum mark needed to pass this
exam? Enter your answer to two decimal places, and enter
as a percentage.
%
Transcribed Image Text:The exam scores on a certain Society of Actuaries (SOA) professonal examination are Normally distributed with a mean score of μ: = 70% and a standard deviation of o = 5 %. (a) What is the probability that a random chosen person who is writing this SOA exam will score at most 65%? Note, when finding/using z-values, use three decimals. (use four decimals in your answer) (b) What proportion of all persons writing this SOA Exam will score between 74% and 83% on the exam? Use four decimals in your answer. (c) 34% of all persons writing this SOA Examination will not pass. What is the minimum mark needed to pass this exam? Enter your answer to two decimal places, and enter as a percentage. %
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