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A variable is normally distributed with mean 0and standard deviation 4.

Part (a): Determine and interpret the quartiles of the variable.

Part (b): Obtain and interpret the second decile.

Part (c): Find the value that 15%of all possible values of the variable exceed.

Part (d): Find the two values that divide the area under the corresponding normal curve into a middle area of 0.8and two outside areas of0.1. Interpret your answer.

Short Answer

Expert verified

Part (a): The first percentile is -2.698. 25%of the x-values are below -2.698and 75% of the x-values are above -2.698.

The second percentile is 0. 50% of the x-values are below 0and 50%of the x-values are above 0.

The third percentile is 2.698. 75% of the x-values are below 2.698and 25%of the x-values are above 2.698.

Part (b): 20%of all observations are smaller than-3.3665.

Part (c): 4 values of X exceeds 15%.

Part (d): 80%of all observations are between -5.128and5.128.

Step by step solution

01

Part (a) Step 1. Given information.

The given mean is 0and standard deviation is4.

02

Part (a) Step 2. Determine the first and second quartiles of the variable.

The first quartile or 25th percentile of X is defined as PXx=0.25.

PX-μσx-μσ=0.25PZx-04=0.25x-04=-0.6745x=-2.698

On interpreting, we can say,25%of the x-values are below -2.698and 75%of the x-values are above -2.698.

The second quartile or 50th percentile of X is defined as PXx=0.5.

PX-μσx-μσ=0.5PZx-04=0.5x-04=0x=0

On interpreting, we can say, 50% of the x-values are below 0and 50% of the x-values are above0.

03

Part (a) Step 3. Determine the third quartiles of the variable.

The third quartile or 75th percentile of X is defined as PXx=0.75.

PX-μσx-μσ=0.75PZx-04=0.75x-04=0.6745x=2.698

On interpreting, we can say, 75%of the x-values are below 2.698and 25%of the x-values are above2.698.

04

Part (b) Step 1. Determine the second decile.

Shade the region corresponding second decile or 20th percentile of X is defined as role="math" localid="1652466124094" PXx=0.2.

role="math" localid="1652466163070" PX-μσx-μσ=0.2PZx-04=0.2x-04=-0.8416x=-3.3665

On interpreting, we can say, role="math" localid="1652466244012" 20% of all observations are smaller than-3.3665.

05

Part (c) Step 1. Determine the value that 15% of all possible values of the variable exceed.

On calculating the value,

PXx=0.151-PX-μσx-μσ=0.15PZx-04=1-0.15x-04=1.036x=4.1457

On interpreting, approximately 4 values of X exceeds15%.

06

Part (d) Step 1. Find the two values.

The Z-score corresponding to the two outside areas of 0.1is given below,

z1=-1.282,z2=1.282

Now, first value x1is obtained as,

x1=0+-1.2824=-5.128

Second value x2is obtained as,

x2=0+1.2824=5.128

On interpreting, we can say, 80%of all observations are between -5.128and5.128.

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