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Solution - Cumulative probability in the standard normal distribution

Cumulative probability 0%
0%

Step-by-step explanation

1. Find the cumulative probability of the z-scores values up to 293

More than 99.9% of the time, data with a standard normal distribution lies within plus or minus 3.9 standard deviations of the mean.

The cumulative probability of the values up to 293 is 1.
p(x<293)=1
The cumulative probability that x<293 is 100%

2. Find the cumulative probability of the z-scores values up to 268

More than 99.9% of the time, data with a standard normal distribution lies within plus or minus 3.9 standard deviations of the mean.

The cumulative probability of the values up to 268 is 1.
p(x<268)=1
The cumulative probability that x<268 is 100%

3. Calculate the cumulative probability between 293 and 268

To find the cumulative probability of the area between the two z-scores, subtract the smaller cumulative probability (everything to the left of 268) from the larger cumulative probability (everything to the left of 293):

1-1=0
p(268<x<293)=0
The cumulative probability that 268<x<293 is 0%

Why learn this

The normal distribution is important because we see it often in nature. Suppose we gather many unrelated measures, like human heights, blood pressure readings, or IQ scores. They will follow the normal distribution.

We see many normally distributed variables in psychology. For example, reading ability, introversion or job satisfaction. In investing, the normal distribution shows asset class returns. Although these distributions are only roughly normal, they are pretty close, and we can treat them as normal.

The normal distribution is easy to work with. Many statistical tests rely on it. Moreover, these tests work well even when the distribution is only approximately normal. For example, if a set's mean and standard deviation are known, and the set follows the normal distribution, we can easily convert between percentiles and raw scores.

Any normal distribution can be standardized to a standard normal distribution. That way, we can compare two or more separate data sets. Using standard normal distribution, we can estimate probabilities of events involving normal distribution. This way, we can estimate how tall a person is likely to grow, for instance.