Find the point zz with 64%64% of the observations falling below it. Enter your answer rounded to two decimal places.
Find the point zz with 25%25% of the observations falling above it. Enter your answer rounded to two decimal places.
Solution :
Given that,
Using standard normal table ,
A.
P(Z < z) = 64%
P(Z < 0.36) = 0.64
z = 0.36
B.
P(Z > z) = 25%
1 - P(Z < z) = 0.25
P(Z < z) = 1 - 0.25
P(Z < 0.67) = 0.75
z = 0.67
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