Please show formula and explain! 1. If a distribution has a mean of 35...
80.2K
Verified Solution
Link Copied!
Question
Accounting
Please show formula and explain!
1. If a distribution has a mean of 35 and a standard deviation of 5, what value would be +1.5 standard deviations from the mean?
2. If a distribution has a mean of 35 and a standard deviation of 5, what value would be -2.5 standard deviations from the mean?
3. The Dow Jones Industrial Average is found to be normally distributed with a mean of 18000 and a standard deviation of 200. The DJIA is currently trading at 18200. What is the probability that it will trade higher?
4. What two scores would divide a normal distribution such that 68.26% of the general population falls within them if the mean is 100 and the standard deviation is 15?
5. If a normal distribution of scores has a mean of 100 and a standard deviation of 10, what percentage of scores would lie above 120?
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
