Entrance to a prestigious MBA program in India is determined by a national test where only the top 10% of the examinees are admitted to the program. Suppose it is known that the scores on this test are normally distributed with a mean of 420 and a standard deviation of 80. Parul Monga is trying desperately to get into this program.
What is the minimum score that she must earn to get admitted?
Given that,
mean =
= 420
standard deviation =
=80
Using standard normal table,
P(Z > z) = 10%
= 1 - P(Z < z) = 0.10
= P(Z < z ) = 1 - 0.10
= P(Z < z ) = 0.90
= P(Z < 1.28 ) = 0.90
z = 1.28 (using standard normal (Z) table )
Using z-score formula
x = z *
+
x= 1.28*80+420
x= 522.4
x=522
Entrance to a prestigious MBA program in India is determined by a national test where only...
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USE R COMMANDS PLEASE
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