Question

Given that z is a standard normal random variable, find z for each situation (to 2 decimals). a. The area to the left of z is
New York City is the most expensive city in the United States for lodging. The mean hotel room rate is $204 per night (USA To
0 0
Add a comment Improve this question Transcribed image text
Answer #1

***solving only the wrong parts***

PART 1

First divide 0.2052/2 = 0.1026

Now look for the number 0.1026 in the Z table. We will find it in row 0.2 and column 0.06. So, the answer for z is z = 0.2 + 0.06 = 0.26

PART 2

Т (У >) - о о и оч г( >1) - о ю P(си - охо - О. Во (че, - uos — (22, -4) - ою — -Ч., (hy. Nowa (o8) х) - (м + using a table w

Add a comment
Know the answer?
Add Answer to:
Given that z is a standard normal random variable, find z for each situation (to 2...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT