The monthly incomes of trainees at a local mill are normally distributed with a mean of $1100 and a standard deviation of $150. What percentage of trainees earn less than $900 a month? a. 40.82% b. 35.31% c. 90.82% d. 9.12%
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.
The monthly incomes of trainees at a local mill are
a. |
40.82% |
|
b. |
35.31% |
|
c. |
90.82% |
|
d. |
9.12% |
Trending now
This is a popular solution!
Step by step
Solved in 2 steps