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Suppose X Is a Normally Distributed Random Variable with a Mean

question 17

Essay

Suppose x is a normally distributed random variable with a mean of 50 and a standard deviation of 5. Use Excel to calculate the following:
a.
P(x ≤ 45)
b.
P(45 ≤ x ≤ 55)
c.
P(x ≥ 55)
d.
x value with 0.20 in the lower tail
e.
x value with 0.01 in the upper tail

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Definitions:

Mandates

Directives issued by a legal or governmental body, requiring parties to follow specified instructions.

Values

Fundamental beliefs or principles that guide an individual's or organization's actions and decisions.

Missions

The fundamental purposes or goals of an organization, outlining its reasons for existing.

Strategic Planning

A systematic process for envisioning a desired future and translating this vision into broadly defined goals or objectives and a sequence of steps to achieve them.

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