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BUSINESS STATISTICS

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The random variable x is normally distributed with mean =1,000 and standard deviation =100. Sketch and find each of the following probabilities: P(x<1,035)

  • BUSINESS STATISTICS -

    Cannot sketch, but you can get probability with this equation:

    Z = (score-mean)/SD

    Find table in the back of your statistics text labeled something like "areas under normal distribution" to find the proportion related to the Z score.

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