Imagine that we took a large sample of respondents and measured their education. The sample mean =16 years and the sample standard variation = 1.5 : using that information,what is the 40th percentile of education. Show work.
Solution :
mean =
= 16
standard deviation =
= 1.5
Using standard normal table,
P(Z < z) = 40%
P(Z < z) = 0.40
P(Z < - 0.2533) = 0.40
z = - 0.25
Using z-score formula,
x = z *
+ 
x = - 0.25 * 1.5 + 16
= 15.625
P40 = 15.62
Imagine that we took a large sample of respondents and measured their education. The sample mean...
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