Calculations using normal random variables Flashcards

1
Q

finding normal probabilities from tables

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