What Z-Score Value Is Associated with the Highest 66% of a Normal

question 1

Short Answer

What z-score value is associated with the highest 66% of a normal distribution?

---

Definitions:

Bidders Values

The individual valuation that bidders assign to the item or items being auctioned, which influences their bidding strategy.

High-Value

Refers to items or services that are of significant worth, often due to their quality, scarcity, or demand.

Low-Value

Describes items or services perceived as offering limited benefit or worth compared to their cost or other alternatives.

Expected Value

A calculated average of all possible values for a random variable, weighted by their respective probabilities.