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probability Q7 (4 marks) a) Creat a standard normal probability distribution plot for z-value for the range of (-3, 3) with i

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Answer #1

Solution :

1)

P(Z > z) = 0.025

P(Z < z) = 1 - 0.025 = 0.975

P(Z < 1.960 = 0.975

z = 1.96

2)

P(Z > z) = 0.05

1 - P(Z < z) = 0.05

P(Z < z) = 0.95

P(Z < 1.65) = 0.95

z = 1.65

3)

P(Z > z) = 0.005

P(Z < z) = 1 - 0.005 = 0.995

P(Z < 2.8) = 0.995

4)

P(Z > z) = 0.01

P(Z < z) = 1 - 0.01 = 0.99

P(Z < 2.33) = 0.99

z = 2.33

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