Posted by Lindsey on Sunday, December 2, 2007 at 8:32pm.
the z score for $14 is (14-50)/12 = -3
the z score for $86 = (86-50)/12 = +3
at this point you will need a table of values of z scores, or some distribution calculator
Here is a rather simple one
http://davidmlane.com/hyperstat/z_table.html
You could either enter
mean: 0
standard deviation: 1
between -3 and +3
or for this one we didn't even have to calculate the z-scores and could have entered
Mean 50
SD 12
between 14 and 86, notice we got the same result, .9973 which is 99.73%
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