Lowest income among the richest persons
The monthly income of a group of ten thousand persons were found to be normally distributed with new equal to rupees 15000 and standard deviation equal to 1000 . What is the lowest income among the richest 250 persons
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For a normal distribution, the proportion in the tail beyond z = 1.50 is p = 0.0668. Based on this information, what is the proportion in the tail beyond z = -1.50?
Suppose that people living in a particular city were found to have a mean score of 40. What is the minimum score a person has to have to be in the top f) 2%, g) 16%, h) 72%
Using z-scores, a population with mean = 37 and standard deviation = 8 is standardized so that the new mean is mean = 50 and standard deviation = 10. How does an individual's z-score in the new distribution compare with his/her z-score in the orig
Determine the least squares trend equation. Calculate the selling price for the years 1995 and 2000. By how much has the stock price increased or decreased.
When the distribution is standardized, what value will be obtained for a score of X = 39 from the original distribution?
Develop a sampling plan. Explain what the sampling plan means; that is, how would you tell someone to do the test?
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