Find the Value of a Normal Random Variable

question 101

Short Answer

Find the Value of a Normal Random Variable
-The board of examiners that administers the real estate broker s examination in a certain state found that the mean score on the test was 557 and the standard deviation was 72. If the board wants to set the passing score so that only the best 10% of all applicants pass, what is the passing score Assume that the scores are normally distributed.

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Definitions:

Equilibrium

A state of balance or stability within a system, achieved when all forces acting upon it are equal.

Self-actualization

The realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.

Western Cultures

Refers to the societal norms, values, and traditions found in the Western world, notably in Europe and North America.

Physiological Factors

The biological aspects that affect the functions and activities of living organisms, often concerning the body's responses and adaptations to its environment.