6.1.41 (Ch7) – Standard Normal Model, Values Z Cut-off Region
MyStatLab
Pearson
Asks about the highest 5%, and other percents, and also asks a lowest and middle percents. Also asks to identify the appropriate curve for each question.
Asks about the highest 5%, and other percents, and also asks a lowest and middle percents. Also asks to identify the appropriate curve for each question.
Gives the mean weight of steers and standard deviation. Aks about over a weight, under, and between.
Gives percentages and dollar amounts for three different financing packages and for the standard deviation.
Talks about an airport entry randomly choosing % baggage to open. Asks if two possible outcomes, if probability stays the same, if independent, and if bernoulli.
Asks what the probability is of all firms owned by women.
For an MBA student, they are asking which exam the student did relatively better, the econ exam or the math exam.
Gives a z-score and asks what it means.
Given the mean and standard deviation of standardized normal model IQ tests, draw the model using the 68-95-99.7 rule, predict which interval the center X% will be found, find what percent of people will score above X amount, find what percent of people will score between X and Y, and find the percent of people who score above X.
Warning: MyLab has several Mutual Fund problems. THIS is the one that uses the 68-95-99.7 rule to find a % or more, a % or less, between two %’s.
For a number of trading days, gives the mean stock price and standard deviation. Asks above a certain price, below, between, and which is more unusual.