Calculations using normal random variables Flashcards
1
Q
finding normal probabilities from tables
A
- formulate the problem in terms of an observed random variable X
- reestimate the problem in terms of a standard normal variable Z by standardising X using Z = x-mew/sigma
- find the required area under the N(0,1) making use of tables of standard normal probabilities, symmetry and the fact total area = 1