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:

Deductible

The amount an insured individual must pay out-of-pocket before an insurance company pays a claim.

Accident Reconstructionist

Person with knowledge of both crime scene investigations and the mathematics that can help to explain the circumstances surrounding the accident.

Skid Marks

Visible marks left on the road surface by tires that have slipped or skidded, often analyzed in accident reconstructions.

Drag Factor

A coefficient used in calculating the deceleration or resistance force acting against a moving object or vehicle, often in automotive and aeronautical engineering.