Determine the value of z* such that it satisfies the conditions below. (Round your answers to two decimal places.)
18) Solution :
c) Solution :
P(-z < Z < z) = 0.98
P(Z < z) - P(Z < z) = 0.98
2P(Z < z) - 1 = 0.98
2P(Z < z) = 1 + 0.98
2P(Z < z) = 1.98
P(Z < z) = 1.98 / 2 = 0.99
P(Z < 2.33) = 0.99
z* = 2.33
Determine the value of z* such that it satisfies the conditions below. (Round your answers to...
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