{"id":157,"date":"2018-10-30T09:49:04","date_gmt":"2018-10-30T09:49:04","guid":{"rendered":"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/?post_type=chapter&#038;p=157"},"modified":"2018-10-30T11:00:33","modified_gmt":"2018-10-30T11:00:33","slug":"continuous-distribution-normal-distribution-standard-normal-probability-curve","status":"publish","type":"chapter","link":"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/chapter\/continuous-distribution-normal-distribution-standard-normal-probability-curve\/","title":{"rendered":"Continuous distribution \u2013 Normal distribution : Standard Normal probability curve."},"content":{"raw":"<div>\r\n\r\n&nbsp;\r\n\r\n0.\u00a0\u00a0\u00a0\u00a0\u00a0 Introduction :Normal Distribution\r\n\r\n&nbsp;\r\n\r\n1.\u00a0\u00a0\u00a0\u00a0\u00a0 Characteristic of Normal Probability Distribution\r\n\r\n&nbsp;\r\n\r\n2.\u00a0\u00a0\u00a0\u00a0\u00a0 Empirical Rule\r\n\r\n&nbsp;\r\n\r\n3.\u00a0\u00a0\u00a0\u00a0\u00a0 Table\r\n\r\n&nbsp;\r\n\r\n4.\u00a0\u00a0\u00a0\u00a0\u00a0 Standard Normal Distribution\r\n\r\n&nbsp;\r\n\r\n5.\u00a0\u00a0\u00a0\u00a0\u00a0 Related Problems\r\n\r\n&nbsp;\r\n\r\n6.\u00a0\u00a0\u00a0\u00a0\u00a0 Summary\r\n\r\n&nbsp;\r\n\r\n<strong>THE NORMAL DISTRIBUTION<\/strong>\r\n\r\n&nbsp;\r\n<p style=\"text-align: justify\">A very important continuous probability distribution is the normal distribution. It is applicable to many situations in which it is necessary to make inferences by taking samples. The normal distribution comes close to fitting in actual observed frequency distributions of many phenomena, including human characteristics (weights, heights, and IQs), output from physical process (dimensions and yields) and other measures of interest to managers in both the public and private sectors.<\/p>\r\n&nbsp;\r\n\r\n<strong>Characteristics<\/strong>\r\n\r\n&nbsp;\r\n\r\nCharacteristics of the Normal probability Distribution\r\n\r\n&nbsp;\r\n\r\nThe diagram suggests important features of normal probability distribution :\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-size: 1em;text-align: initial\">1.\u00a0 The curve has a single peak thus it is uni modal. It has the bell shaped curve<\/span>\r\n\r\n<span style=\"text-align: initial;font-size: 1em\">2.\u00a0 The mean of a normally distributed population lies at the centre of its normal curve.<\/span>\r\n\r\n<span style=\"text-align: initial;font-size: 1em\">3.\u00a0 Because of symmetry of the normal probability curve the mean, median and mode lie on the same point.<\/span>\r\n\r\n<span style=\"text-align: initial;font-size: 1em\">4.\u00a0 The two tails of the normal probability curve extend indefinitely and never touch the horizontal axis.<\/span>\r\n\r\n<span style=\"text-align: initial;font-size: 1em\">5.<\/span><span style=\"font-size: 1em\">\u00a0<\/span><span style=\"font-size: 1em;text-align: initial;text-indent: 1em\">\u00a0 To define a particular normal probability distributions, we need only two parameters, the mean () and<\/span>\r\n\r\n<span style=\"text-align: initial;font-size: 1em\">the standard deviation().<\/span>\r\n\r\n<\/div>\r\n<div>\r\n\r\n&nbsp;\r\n\r\n<strong>EMPIRICAL RULE<\/strong>\r\n\r\n&nbsp;\r\n<p style=\"text-align: justify\">Further, in the discussion on the use of standard deviation, we also discussed the empirical rule for a bell shaped curve. That empirical rule is based on the standard normal distribution table. By using the normal distribution table, we can now verify the empirical rule as follows.<\/p>\r\n&nbsp;\r\n<ol>\r\n \t<li style=\"text-align: justify\">The total area within one standard deviation of the mean is 68.26%. This area is given by the sum of the areas between z = -1.0 and z =0 and between z=0 and z = 1.0. As shown in Figure 1, each of these two areas is .3413 of 34.13%. Consequently, the total area between z = -1.0 is 68.26%<\/li>\r\n<\/ol>\r\n<img class=\"aligncenter size-full wp-image-160\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-70.png\" alt=\"\" width=\"322\" height=\"120\" \/>\r\n<p style=\"text-align: center\">Figure 1 Area within one standard deviation of the<\/p>\r\n&nbsp;\r\n<p style=\"text-align: justify\">2.\u00a0 The total area within two standard deviations of the mean is 95.44%. This area is given by the sumof the<\/p>\r\n<p style=\"text-align: justify\">area between z = -2.0 and z =0 and between z = 0 and z =2.0. As shown in Figure 2 each of these two areas is<\/p>\r\n<p style=\"text-align: justify\">.4772 or 47.72%. Hence, the total area between z = - 2.0 and z = 2.0 is 95.44%.<\/p>\r\n&nbsp;\r\n\r\n<img class=\"aligncenter size-full wp-image-161\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-71.png\" alt=\"\" width=\"332\" height=\"118\" \/>\r\n<p style=\"text-align: center\">Figure 2 Area within two standard deviations of the mean<\/p>\r\n&nbsp;\r\n\r\n3. The total are with in three standard deviations of the mean is 99.74%. This area is given by the sum of the\r\n<p style=\"text-align: justify\">areas between z = -3.0 and z =0 and between z = 0 and z = 3.0. As shown in figure 3, each of these two areas<\/p>\r\nis .4987 or 49.87%. Therefore, the total area between z = -3.0 and z = 3.0 is 99.7%.\r\n\r\n<\/div>\r\n<div>\r\n\r\n<img class=\"aligncenter size-full wp-image-162\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-72.png\" alt=\"\" width=\"310\" height=\"134\" \/>\r\n<p style=\"text-align: center\">Figure 3 Area within three standard deviation of the mean<\/p>\r\n&nbsp;\r\n\r\n&nbsp;\r\n<p style=\"text-align: justify\">Again, note that only a specific bell-shaped curve represents the normal distribution. Now we can state that a bell-shaped curve that contains (about) 68.26% of the total area within one standard deviations of the mean, and (about) 99.74% of the total area within three standard deviations of the mean represents a normal distribution curve.<\/p>\r\n&nbsp;\r\n<p style=\"text-align: justify\">The standard normal distribution table, Table A only goes up to <em>z<\/em> = 3.09. In other words, that table can be read only for <em>z<\/em> = 0 to <em>z<\/em> = 3.09 (or to <em>z<\/em> = \u20133.09). Consequently, if we need to find the area between <em>z<\/em> = 0 and a <em>z<\/em> value greater than 3.09 (or between a <em>z<\/em> value less than \u2013 3.09 and <em>z<\/em> =0) under the standard normal curve, we cannot obtain it from the normal distribution table because it does not contain a <em>z<\/em> value greater than 3.09. In such cases, the area under the normal distribution curve between <em>z<\/em> = 0 and any <em>z<\/em> value greater than 3.09 (or less than \u2013 3.09) is approximated by .5. From the normal distribution table, the area between <em>z<\/em>=\u00a0\u00a0 0 and <em>z<\/em> = 3.09 is .4990. Hence, the area between <em>z<\/em> = 0 and any value of <em>z<\/em> greater than 3.09 is larger than .4990 and can be approximated by .5<\/p>\r\n&nbsp;\r\n\r\nTable : A STANDARD NORMAL DISTRIBUTION\r\n\r\n&nbsp;\r\n\r\nThe entries in the table give the areas under the standard normal curve from 0 to \u2026\r\n<table class=\"aligncenter\" style=\"width: 60%\" border=\"1\">\r\n<tbody>\r\n<tr>\r\n<td style=\"width: 21.0625px\"><strong>Z<\/strong><\/td>\r\n<td style=\"width: 40.0625px\"><strong>.00<\/strong><\/td>\r\n<td style=\"width: 38.0625px\"><strong>.01<\/strong><\/td>\r\n<td style=\"width: 39.0625px\"><strong>.02<\/strong><\/td>\r\n<td style=\"width: 37.0625px\"><strong>.03<\/strong><\/td>\r\n<td style=\"width: 37.0625px\"><strong>.04<\/strong><\/td>\r\n<td style=\"width: 37.0625px\"><strong>.05<\/strong><\/td>\r\n<td style=\"width: 37.0625px\"><strong>.06<\/strong><\/td>\r\n<td style=\"width: 37.0625px\"><strong>.07<\/strong><\/td>\r\n<td style=\"width: 37.0625px\"><strong>.08<\/strong><\/td>\r\n<td style=\"width: 37.0625px\"><strong>.09<\/strong><\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">0.0<\/td>\r\n<td style=\"width: 40.0625px\">.0000<\/td>\r\n<td style=\"width: 38.0625px\">.0040<\/td>\r\n<td style=\"width: 39.0625px\">.0080<\/td>\r\n<td style=\"width: 37.0625px\">.0120<\/td>\r\n<td style=\"width: 37.0625px\">.0610<\/td>\r\n<td style=\"width: 37.0625px\">0.199<\/td>\r\n<td style=\"width: 37.0625px\">.0239<\/td>\r\n<td style=\"width: 37.0625px\">.0279<\/td>\r\n<td style=\"width: 37.0625px\">.0319<\/td>\r\n<td style=\"width: 37.0625px\">.0359<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">0.1<\/td>\r\n<td style=\"width: 40.0625px\">.0398<\/td>\r\n<td style=\"width: 38.0625px\">.0438<\/td>\r\n<td style=\"width: 39.0625px\">.0478<\/td>\r\n<td style=\"width: 37.0625px\">.0517<\/td>\r\n<td style=\"width: 37.0625px\">.0557<\/td>\r\n<td style=\"width: 37.0625px\">.596<\/td>\r\n<td style=\"width: 37.0625px\">.0636<\/td>\r\n<td style=\"width: 37.0625px\">.0675<\/td>\r\n<td style=\"width: 37.0625px\">.0714<\/td>\r\n<td style=\"width: 37.0625px\">.4753<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">0.2<\/td>\r\n<td style=\"width: 40.0625px\">.0798<\/td>\r\n<td style=\"width: 38.0625px\">.0832<\/td>\r\n<td style=\"width: 39.0625px\">.0871<\/td>\r\n<td style=\"width: 37.0625px\">.0910<\/td>\r\n<td style=\"width: 37.0625px\">.0948<\/td>\r\n<td style=\"width: 37.0625px\">.0987<\/td>\r\n<td style=\"width: 37.0625px\">.1026<\/td>\r\n<td style=\"width: 37.0625px\">.1064<\/td>\r\n<td style=\"width: 37.0625px\">.1103<\/td>\r\n<td style=\"width: 37.0625px\">.1141<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">0.3<\/td>\r\n<td style=\"width: 40.0625px\">.1179<\/td>\r\n<td style=\"width: 38.0625px\">.1217<\/td>\r\n<td style=\"width: 39.0625px\">.1255<\/td>\r\n<td style=\"width: 37.0625px\">.1293<\/td>\r\n<td style=\"width: 37.0625px\">.1331<\/td>\r\n<td style=\"width: 37.0625px\">.1368<\/td>\r\n<td style=\"width: 37.0625px\">.1406<\/td>\r\n<td style=\"width: 37.0625px\">.1443<\/td>\r\n<td style=\"width: 37.0625px\">.1480<\/td>\r\n<td style=\"width: 37.0625px\">.1517<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">0.4<\/td>\r\n<td style=\"width: 40.0625px\">.1554<\/td>\r\n<td style=\"width: 38.0625px\">.1591<\/td>\r\n<td style=\"width: 39.0625px\">.1628<\/td>\r\n<td style=\"width: 37.0625px\">.164<\/td>\r\n<td style=\"width: 37.0625px\">.1700<\/td>\r\n<td style=\"width: 37.0625px\">.1736<\/td>\r\n<td style=\"width: 37.0625px\">.1772<\/td>\r\n<td style=\"width: 37.0625px\">.1808<\/td>\r\n<td style=\"width: 37.0625px\">.1844<\/td>\r\n<td style=\"width: 37.0625px\">.1879<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">0.5<\/td>\r\n<td style=\"width: 40.0625px\">.1915<\/td>\r\n<td style=\"width: 38.0625px\">.1950<\/td>\r\n<td style=\"width: 39.0625px\">.1985<\/td>\r\n<td style=\"width: 37.0625px\">.2019<\/td>\r\n<td style=\"width: 37.0625px\">.2054<\/td>\r\n<td style=\"width: 37.0625px\">.2088<\/td>\r\n<td style=\"width: 37.0625px\">.2123<\/td>\r\n<td style=\"width: 37.0625px\">.2157<\/td>\r\n<td style=\"width: 37.0625px\">.2190<\/td>\r\n<td style=\"width: 37.0625px\">.2224<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">0.6<\/td>\r\n<td style=\"width: 40.0625px\">.2257<\/td>\r\n<td style=\"width: 38.0625px\">.2291<\/td>\r\n<td style=\"width: 39.0625px\">.2324<\/td>\r\n<td style=\"width: 37.0625px\">.2357<\/td>\r\n<td style=\"width: 37.0625px\">.2389<\/td>\r\n<td style=\"width: 37.0625px\">.2422<\/td>\r\n<td style=\"width: 37.0625px\">.2454<\/td>\r\n<td style=\"width: 37.0625px\">.2486<\/td>\r\n<td style=\"width: 37.0625px\">.2517<\/td>\r\n<td style=\"width: 37.0625px\">.2549<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">0.7<\/td>\r\n<td style=\"width: 40.0625px\">.2580<\/td>\r\n<td style=\"width: 38.0625px\">.2611<\/td>\r\n<td style=\"width: 39.0625px\">.2642<\/td>\r\n<td style=\"width: 37.0625px\">.2673<\/td>\r\n<td style=\"width: 37.0625px\">.2704<\/td>\r\n<td style=\"width: 37.0625px\">.2734<\/td>\r\n<td style=\"width: 37.0625px\">.2764<\/td>\r\n<td style=\"width: 37.0625px\">.2794<\/td>\r\n<td style=\"width: 37.0625px\">.2823<\/td>\r\n<td style=\"width: 37.0625px\">.2852<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">0.8<\/td>\r\n<td style=\"width: 40.0625px\">.2881<\/td>\r\n<td style=\"width: 38.0625px\">.2910<\/td>\r\n<td style=\"width: 39.0625px\">.2939<\/td>\r\n<td style=\"width: 37.0625px\">.2967<\/td>\r\n<td style=\"width: 37.0625px\">.2995<\/td>\r\n<td style=\"width: 37.0625px\">.3023<\/td>\r\n<td style=\"width: 37.0625px\">.3051<\/td>\r\n<td style=\"width: 37.0625px\">.3078<\/td>\r\n<td style=\"width: 37.0625px\">.3106<\/td>\r\n<td style=\"width: 37.0625px\">.3133<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">0.9<\/td>\r\n<td style=\"width: 40.0625px\">.3159<\/td>\r\n<td style=\"width: 38.0625px\">.3186<\/td>\r\n<td style=\"width: 39.0625px\">.3212<\/td>\r\n<td style=\"width: 37.0625px\">.3238<\/td>\r\n<td style=\"width: 37.0625px\">.3234<\/td>\r\n<td style=\"width: 37.0625px\">.3289<\/td>\r\n<td style=\"width: 37.0625px\">.3315<\/td>\r\n<td style=\"width: 37.0625px\">.3340<\/td>\r\n<td style=\"width: 37.0625px\">.3365<\/td>\r\n<td style=\"width: 37.0625px\">.3389<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">1.0<\/td>\r\n<td style=\"width: 40.0625px\">.3413<\/td>\r\n<td style=\"width: 38.0625px\">.3438<\/td>\r\n<td style=\"width: 39.0625px\">.3461<\/td>\r\n<td style=\"width: 37.0625px\">.3485<\/td>\r\n<td style=\"width: 37.0625px\">.3508<\/td>\r\n<td style=\"width: 37.0625px\">.3531<\/td>\r\n<td style=\"width: 37.0625px\">3554<\/td>\r\n<td style=\"width: 37.0625px\">.357<\/td>\r\n<td style=\"width: 37.0625px\">.3599<\/td>\r\n<td style=\"width: 37.0625px\">.3621<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">1.1<\/td>\r\n<td style=\"width: 40.0625px\">.3643<\/td>\r\n<td style=\"width: 38.0625px\">.3665<\/td>\r\n<td style=\"width: 39.0625px\">.3686<\/td>\r\n<td style=\"width: 37.0625px\">.3708<\/td>\r\n<td style=\"width: 37.0625px\">.3729<\/td>\r\n<td style=\"width: 37.0625px\">.3749<\/td>\r\n<td style=\"width: 37.0625px\">.3770<\/td>\r\n<td style=\"width: 37.0625px\">.3790<\/td>\r\n<td style=\"width: 37.0625px\">.3810<\/td>\r\n<td style=\"width: 37.0625px\">.3830<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">1.2<\/td>\r\n<td style=\"width: 40.0625px\">.3849<\/td>\r\n<td style=\"width: 38.0625px\">.3869<\/td>\r\n<td style=\"width: 39.0625px\">.3888<\/td>\r\n<td style=\"width: 37.0625px\">.3907<\/td>\r\n<td style=\"width: 37.0625px\">.3925<\/td>\r\n<td style=\"width: 37.0625px\">.3944<\/td>\r\n<td style=\"width: 37.0625px\">.3962<\/td>\r\n<td style=\"width: 37.0625px\">.3980<\/td>\r\n<td style=\"width: 37.0625px\">.3997<\/td>\r\n<td style=\"width: 37.0625px\">.4015<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">1.3<\/td>\r\n<td style=\"width: 40.0625px\">.4032<\/td>\r\n<td style=\"width: 38.0625px\">.4049<\/td>\r\n<td style=\"width: 39.0625px\">.4066<\/td>\r\n<td style=\"width: 37.0625px\">.4082<\/td>\r\n<td style=\"width: 37.0625px\">.4099<\/td>\r\n<td style=\"width: 37.0625px\">.4115<\/td>\r\n<td style=\"width: 37.0625px\">.4131<\/td>\r\n<td style=\"width: 37.0625px\">.4147<\/td>\r\n<td style=\"width: 37.0625px\">.4162<\/td>\r\n<td style=\"width: 37.0625px\">.4177<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">1.4<\/td>\r\n<td style=\"width: 40.0625px\">.4192<\/td>\r\n<td style=\"width: 38.0625px\">.4207<\/td>\r\n<td style=\"width: 39.0625px\">.4222<\/td>\r\n<td style=\"width: 37.0625px\">.4263<\/td>\r\n<td style=\"width: 37.0625px\">.4251<\/td>\r\n<td style=\"width: 37.0625px\">.4265<\/td>\r\n<td style=\"width: 37.0625px\">.4279<\/td>\r\n<td style=\"width: 37.0625px\">.4292<\/td>\r\n<td style=\"width: 37.0625px\">.4306<\/td>\r\n<td style=\"width: 37.0625px\">.4319<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n<div>\r\n<table class=\"aligncenter\" style=\"width: 60%\" border=\"1\">\r\n<tbody>\r\n<tr>\r\n<td style=\"width: 21.0625px\">1.5<\/td>\r\n<td style=\"width: 37.0625px\">.4332<\/td>\r\n<td style=\"width: 37.0625px\">.4345<\/td>\r\n<td style=\"width: 37.0625px\">.4357<\/td>\r\n<td style=\"width: 37.0625px\">.4370<\/td>\r\n<td style=\"width: 37.0625px\">.4382<\/td>\r\n<td style=\"width: 37.0625px\">.4394<\/td>\r\n<td style=\"width: 37.0625px\">.4406<\/td>\r\n<td style=\"width: 37.0625px\">.4418<\/td>\r\n<td style=\"width: 37.0625px\">.4429<\/td>\r\n<td style=\"width: 41.0625px\">.4441<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">1.6<\/td>\r\n<td style=\"width: 37.0625px\">.4452<\/td>\r\n<td style=\"width: 37.0625px\">.4463<\/td>\r\n<td style=\"width: 37.0625px\">.4474<\/td>\r\n<td style=\"width: 37.0625px\">.4884<\/td>\r\n<td style=\"width: 37.0625px\">.4495<\/td>\r\n<td style=\"width: 37.0625px\">.4505<\/td>\r\n<td style=\"width: 37.0625px\">.4515<\/td>\r\n<td style=\"width: 37.0625px\">.4525<\/td>\r\n<td style=\"width: 37.0625px\">.4535<\/td>\r\n<td style=\"width: 41.0625px\">.4545<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">1.7<\/td>\r\n<td style=\"width: 37.0625px\">.4554<\/td>\r\n<td style=\"width: 37.0625px\">.4564<\/td>\r\n<td style=\"width: 37.0625px\">.4573<\/td>\r\n<td style=\"width: 37.0625px\">.4582<\/td>\r\n<td style=\"width: 37.0625px\">.4591<\/td>\r\n<td style=\"width: 37.0625px\">.4599<\/td>\r\n<td style=\"width: 37.0625px\">.4608<\/td>\r\n<td style=\"width: 37.0625px\">.4616<\/td>\r\n<td style=\"width: 37.0625px\">.4625<\/td>\r\n<td style=\"width: 41.0625px\">34633<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">1.8<\/td>\r\n<td style=\"width: 37.0625px\">.4641<\/td>\r\n<td style=\"width: 37.0625px\">.4649<\/td>\r\n<td style=\"width: 37.0625px\">.4656<\/td>\r\n<td style=\"width: 37.0625px\">.4664<\/td>\r\n<td style=\"width: 37.0625px\">.4671<\/td>\r\n<td style=\"width: 37.0625px\">.4678<\/td>\r\n<td style=\"width: 37.0625px\">.4686<\/td>\r\n<td style=\"width: 37.0625px\">.4693<\/td>\r\n<td style=\"width: 37.0625px\">.4699<\/td>\r\n<td style=\"width: 41.0625px\">.4706<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">1.9<\/td>\r\n<td style=\"width: 37.0625px\">.4713<\/td>\r\n<td style=\"width: 37.0625px\">.4719<\/td>\r\n<td style=\"width: 37.0625px\">.4726<\/td>\r\n<td style=\"width: 37.0625px\">.4732<\/td>\r\n<td style=\"width: 37.0625px\">.4738<\/td>\r\n<td style=\"width: 37.0625px\">.4744<\/td>\r\n<td style=\"width: 37.0625px\">.4750<\/td>\r\n<td style=\"width: 37.0625px\">.4756<\/td>\r\n<td style=\"width: 37.0625px\">.4762<\/td>\r\n<td style=\"width: 41.0625px\">.4767<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">2.0<\/td>\r\n<td style=\"width: 37.0625px\">.4772<\/td>\r\n<td style=\"width: 37.0625px\">.4778<\/td>\r\n<td style=\"width: 37.0625px\">.4783<\/td>\r\n<td style=\"width: 37.0625px\">.4788<\/td>\r\n<td style=\"width: 37.0625px\">.4793<\/td>\r\n<td style=\"width: 37.0625px\">.4798<\/td>\r\n<td style=\"width: 37.0625px\">.4803<\/td>\r\n<td style=\"width: 37.0625px\">.4808<\/td>\r\n<td style=\"width: 37.0625px\">.4812<\/td>\r\n<td style=\"width: 41.0625px\">.4817<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">2.1<\/td>\r\n<td style=\"width: 37.0625px\">.4821<\/td>\r\n<td style=\"width: 37.0625px\">.4826<\/td>\r\n<td style=\"width: 37.0625px\">.4830<\/td>\r\n<td style=\"width: 37.0625px\">.4834<\/td>\r\n<td style=\"width: 37.0625px\">.4838<\/td>\r\n<td style=\"width: 37.0625px\">.4842<\/td>\r\n<td style=\"width: 37.0625px\">.4846<\/td>\r\n<td style=\"width: 37.0625px\">.4850<\/td>\r\n<td style=\"width: 37.0625px\">.4854<\/td>\r\n<td style=\"width: 41.0625px\">.4857<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">2.2<\/td>\r\n<td style=\"width: 37.0625px\">.4861<\/td>\r\n<td style=\"width: 37.0625px\">.4864<\/td>\r\n<td style=\"width: 37.0625px\">.4868<\/td>\r\n<td style=\"width: 37.0625px\">.4871<\/td>\r\n<td style=\"width: 37.0625px\">.4875<\/td>\r\n<td style=\"width: 37.0625px\">.4878<\/td>\r\n<td style=\"width: 37.0625px\">.4881<\/td>\r\n<td style=\"width: 37.0625px\">.4884<\/td>\r\n<td style=\"width: 37.0625px\">.4887<\/td>\r\n<td style=\"width: 41.0625px\">.4890<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">2.3<\/td>\r\n<td style=\"width: 37.0625px\">.4893<\/td>\r\n<td style=\"width: 37.0625px\">.4896<\/td>\r\n<td style=\"width: 37.0625px\">.4898<\/td>\r\n<td style=\"width: 37.0625px\">.4901<\/td>\r\n<td style=\"width: 37.0625px\">.4904<\/td>\r\n<td style=\"width: 37.0625px\">.4906<\/td>\r\n<td style=\"width: 37.0625px\">.4809<\/td>\r\n<td style=\"width: 37.0625px\">.4911<\/td>\r\n<td style=\"width: 37.0625px\">.4913<\/td>\r\n<td style=\"width: 41.0625px\">.4916<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">2.4<\/td>\r\n<td style=\"width: 37.0625px\">.49.18<\/td>\r\n<td style=\"width: 37.0625px\">.4920<\/td>\r\n<td style=\"width: 37.0625px\">.4922<\/td>\r\n<td style=\"width: 37.0625px\">.4925<\/td>\r\n<td style=\"width: 37.0625px\">.4927<\/td>\r\n<td style=\"width: 37.0625px\">.4929<\/td>\r\n<td style=\"width: 37.0625px\">.4931<\/td>\r\n<td style=\"width: 37.0625px\">.4932<\/td>\r\n<td style=\"width: 37.0625px\">.4934<\/td>\r\n<td style=\"width: 41.0625px\">.4936<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">2.5<\/td>\r\n<td style=\"width: 37.0625px\">.4938<\/td>\r\n<td style=\"width: 37.0625px\">.4940<\/td>\r\n<td style=\"width: 37.0625px\">.4941<\/td>\r\n<td style=\"width: 37.0625px\">.4943<\/td>\r\n<td style=\"width: 37.0625px\">.4945<\/td>\r\n<td style=\"width: 37.0625px\">.4946<\/td>\r\n<td style=\"width: 37.0625px\">.4948<\/td>\r\n<td style=\"width: 37.0625px\">.4949<\/td>\r\n<td style=\"width: 37.0625px\">.4951<\/td>\r\n<td style=\"width: 41.0625px\">.4952<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">2.6<\/td>\r\n<td style=\"width: 37.0625px\">.4953<\/td>\r\n<td style=\"width: 37.0625px\">.4955<\/td>\r\n<td style=\"width: 37.0625px\">.4953<\/td>\r\n<td style=\"width: 37.0625px\">.4957<\/td>\r\n<td style=\"width: 37.0625px\">.4959<\/td>\r\n<td style=\"width: 37.0625px\">.4960<\/td>\r\n<td style=\"width: 37.0625px\">.4961<\/td>\r\n<td style=\"width: 37.0625px\">.4962<\/td>\r\n<td style=\"width: 37.0625px\">.4963<\/td>\r\n<td style=\"width: 41.0625px\">.4964<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">2.7<\/td>\r\n<td style=\"width: 37.0625px\">.4965<\/td>\r\n<td style=\"width: 37.0625px\">.4966<\/td>\r\n<td style=\"width: 37.0625px\">.4967<\/td>\r\n<td style=\"width: 37.0625px\">.4968<\/td>\r\n<td style=\"width: 37.0625px\">.4969<\/td>\r\n<td style=\"width: 37.0625px\">.4970<\/td>\r\n<td style=\"width: 37.0625px\">.4971<\/td>\r\n<td style=\"width: 37.0625px\">.4972<\/td>\r\n<td style=\"width: 37.0625px\">.4973<\/td>\r\n<td style=\"width: 41.0625px\">.4974<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">2.8<\/td>\r\n<td style=\"width: 37.0625px\">.4974<\/td>\r\n<td style=\"width: 37.0625px\">.4975<\/td>\r\n<td style=\"width: 37.0625px\">.4976<\/td>\r\n<td style=\"width: 37.0625px\">.4977<\/td>\r\n<td style=\"width: 37.0625px\">.4977<\/td>\r\n<td style=\"width: 37.0625px\">.4978<\/td>\r\n<td style=\"width: 37.0625px\">.4979<\/td>\r\n<td style=\"width: 37.0625px\">.4979<\/td>\r\n<td style=\"width: 37.0625px\">.4980<\/td>\r\n<td style=\"width: 41.0625px\">.4981<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">2.9<\/td>\r\n<td style=\"width: 37.0625px\">.4981<\/td>\r\n<td style=\"width: 37.0625px\">.4982<\/td>\r\n<td style=\"width: 37.0625px\">.4982<\/td>\r\n<td style=\"width: 37.0625px\">.4983<\/td>\r\n<td style=\"width: 37.0625px\">.4984<\/td>\r\n<td style=\"width: 37.0625px\">.4984<\/td>\r\n<td style=\"width: 37.0625px\">.4985<\/td>\r\n<td style=\"width: 37.0625px\">4985<\/td>\r\n<td style=\"width: 37.0625px\">.4986<\/td>\r\n<td style=\"width: 41.0625px\">.4986<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 21.0625px\">3.0<\/td>\r\n<td style=\"width: 37.0625px\">.4987<\/td>\r\n<td style=\"width: 37.0625px\">.4987<\/td>\r\n<td style=\"width: 37.0625px\">.4987<\/td>\r\n<td style=\"width: 37.0625px\">.4988<\/td>\r\n<td style=\"width: 37.0625px\">.4988<\/td>\r\n<td style=\"width: 37.0625px\">.4989<\/td>\r\n<td style=\"width: 37.0625px\">.4989<\/td>\r\n<td style=\"width: 37.0625px\">.4989<\/td>\r\n<td style=\"width: 37.0625px\">.4990<\/td>\r\n<td style=\"width: 41.0625px\">.4990<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n&nbsp;\r\n\r\n<strong>.3<\/strong>\u00a0\u00a0<strong>THE STANDARD NORMAL DISTRIBUTION<\/strong>\r\n\r\n&nbsp;\r\n<p style=\"text-align: justify\">The <strong>standard normal distribution<\/strong> is a special case of the normal distribution. For the standard normal distribution, the value of the mean is equal to zero and the value of the standard deviation is equal to 1.<\/p>\r\n&nbsp;\r\n\r\n<strong>STANDARD NORMAL DISTRIBUTION<\/strong>\r\n\r\n&nbsp;\r\n\r\nThe normal distribution with = 0 and \u00a0= 1 is called the standard normal distribution.\r\n\r\n<img class=\"aligncenter size-full wp-image-163\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-73.png\" alt=\"\" width=\"676\" height=\"131\" \/>\r\n\r\n&nbsp;\r\n<p style=\"text-align: justify\">Figure 4 displays the standard normal distribution curve. The random variable that possesses the standard normal distribution curve are denoted by <em>z<\/em> and are called the <strong><em>z values<\/em><\/strong> ro <strong><em>z scores.<\/em><\/strong><\/p>\r\n<img class=\"aligncenter size-full wp-image-164\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-74.png\" alt=\"\" width=\"335\" height=\"124\" \/>\r\n\r\n<strong>Fig. 4 <\/strong>the standard normal distribution curve 1The equation of the normal distribution is\r\n\r\nf(x) =5\r\n<p style=\"text-align: justify\"><span style=\"text-align: initial;font-size: 1em\">where <\/span><em style=\"text-align: initial;font-size: 1em\">e<\/em><span style=\"text-align: initial;font-size: 1em\"> = 2.71825 and \u00a0= 3.14159 approximately; <\/span><em style=\"text-align: initial;font-size: 1em\">f(x),<\/em><span style=\"text-align: initial;font-size: 1em\"> called the probability density\u00a0<\/span><span style=\"text-align: initial;font-size: 1em\">function, gives the vertical distance between the horizontal axis and the curve at point <\/span><em style=\"text-align: initial;font-size: 1em\">x<\/em><span style=\"text-align: initial;font-size: 1em\">. For the information of those who are familiar with integral calculus, the definite integral of this equation from <\/span><em style=\"text-align: initial;font-size: 1em\">a<\/em><span style=\"text-align: initial;font-size: 1em\"> to <\/span><em style=\"text-align: initial;font-size: 1em\">b<\/em><span style=\"text-align: initial;font-size: 1em\"> gives the probability that <\/span><em style=\"text-align: initial;font-size: 1em\">x<\/em><span style=\"text-align: initial;font-size: 1em\"> assumes a value between <\/span><em style=\"text-align: initial;font-size: 1em\">a<\/em><span style=\"text-align: initial;font-size: 1em\"> and <\/span><em style=\"text-align: initial;font-size: 1em\">b<\/em><span style=\"text-align: initial;font-size: 1em\">.<\/span><\/p>\r\n&nbsp;\r\n<p style=\"text-align: justify\"><strong style=\"text-align: initial;font-size: 1em\">Z <\/strong><strong style=\"text-align: initial;font-size: 1em\">VALUES OF<\/strong><strong style=\"text-align: initial;font-size: 1em\"> Z <\/strong><strong style=\"text-align: initial;font-size: 1em\">SCORES<\/strong><\/p>\r\n&nbsp;\r\n<p style=\"text-align: justify\"><span style=\"text-align: initial;font-size: 1em\">The units marked on the horizontal axis of a standard normal curve are denoted by z and are called be z value or z scores. A specific value of z gives the distance between the mean and the point represented by z in terms of the standard deviation.<\/span><\/p>\r\n&nbsp;\r\n<p style=\"text-align: justify\"><span style=\"text-align: initial;font-size: 1em\">In Figure 4, the horizontal axis is labelled z. The z values on the right side of the mean are positive and those on the left side are negative. <\/span><em style=\"text-align: initial;font-size: 1em\">The z value for a point on the horizontal<\/em> <em style=\"text-align: initial;font-size: 1em\">axis gives the distance between the mean and that point in terms of the standard deviation<\/em><span style=\"text-align: initial;font-size: 1em\">. For example, a point with a value of z = 2 is two standard deviations to the right of the mean. Similarly, a point with a value of z = \u20132 is two standard deviations to the left of the mean.<\/span><\/p>\r\n\r\n<\/div>\r\n<div>\r\n\r\n&nbsp;\r\n<p style=\"text-align: justify\">The standard normal distribution table, Table A lists the areas under the standard normal curve between z = 0 and the values of z from 0.00 to 3.09. To read the standard normal distribution table, we always start at z = o, which represents the mean of the standard normal distribution. We learned earlier that the total area under a normal distribution curve is 1.0. We also learned that, because of symmetry, the area on either side of the mean is 0.5. This is shown in Figure 5.<\/p>\r\n<img class=\"aligncenter size-full wp-image-165\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-75.png\" alt=\"\" width=\"283\" height=\"148\" \/>\r\n<p style=\"text-align: center\"><strong>Fig.5<\/strong>\u00a0\u00a0\u00a0 Area under the standard normal curve.<\/p>\r\n&nbsp;\r\n<p style=\"text-align: justify\"><strong>NOTE: <\/strong>Although the values of z on the left side of the mean are negative, the area under the curve is always positive.<\/p>\r\n&nbsp;\r\n<p style=\"text-align: justify\">The area under the standard normal curve between any two points can be interpreted as the probability the z assumes a value within that interval. Following Examples in describe how to read Table A to find areas under the standard normal curve.<\/p>\r\n&nbsp;\r\n\r\n<strong>Example 1 :<\/strong>\u00a0 Find area under the standard normal curve between z = 0 and z = 1.95.\r\n\r\n&nbsp;\r\n<p style=\"text-align: justify\"><strong>Solution : <\/strong>We divide the number 1.95 into two portions : 1.9 (the digit before the decimal and one digit after the decimal) and .05 (the second digit after the decimal). (Note that 1.9 +.05 = 1.95.) to find the required area under the standard normal curve, we locate 1.9 in the column for z on the left side of <strong>Table 1<\/strong>and 0.05 in the row for z at the top of <strong>Table A.<\/strong> The entry where the row for 1.9 and the column for .05 intersect gives the area under the standard\u00a0<span style=\"text-align: initial;font-size: 1em\">normal curve between z = 0 and z = 1.95. The relevant portion of Table A. is reproduced below as Table 1. From <\/span><strong style=\"text-align: initial;font-size: 1em\">Table1<\/strong><span style=\"text-align: initial;font-size: 1em\"> the entry where the row for 1.9 and the column for.05 cross is .4744. Consequently, the area under the standard normal curve between = z = 0 and z = 1.95 is .4744. This area is shown in Figure 6.19. (It is always helpful to sketch the curve and mark the area we are determining).<\/span><\/p>\r\n\r\n<\/div>\r\n<div>\r\n\r\n&nbsp;\r\n\r\n<strong>Table :1. <\/strong>Area Under the Standard Normal Curve Between <em>z<\/em> = 0 and <em>z<\/em> = 1.95\r\n<table class=\"aligncenter\" style=\"width: 60%\" border=\"1\">\r\n<tbody>\r\n<tr>\r\n<td style=\"width: 23.0625px\"><strong>Z<\/strong><\/td>\r\n<td style=\"width: 44.0625px\"><strong>.00<\/strong><\/td>\r\n<td style=\"width: 42.0625px\"><strong>.01<\/strong><\/td>\r\n<td style=\"width: 15.0625px\"><strong>\u2026<\/strong><\/td>\r\n<td style=\"width: 42.0625px\"><strong>.05<\/strong><\/td>\r\n<td style=\"width: 75.0625px\"><\/td>\r\n<td style=\"width: 15.0625px\"><strong>\u2026<\/strong><\/td>\r\n<td style=\"width: 43.0625px\"><strong>.09<\/strong><\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 23.0625px\">0.0<\/td>\r\n<td style=\"width: 44.0625px\">.0000<\/td>\r\n<td style=\"width: 42.0625px\">.0040<\/td>\r\n<td style=\"width: 15.0625px\">\u2026<\/td>\r\n<td style=\"width: 42.0625px\">.0199<\/td>\r\n<td style=\"width: 75.0625px\"><\/td>\r\n<td style=\"width: 15.0625px\">\u2026<\/td>\r\n<td style=\"width: 43.0625px\">.0359<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 23.0625px\">0.1<\/td>\r\n<td style=\"width: 44.0625px\">.0398<\/td>\r\n<td style=\"width: 42.0625px\">.0438<\/td>\r\n<td style=\"width: 15.0625px\">\u2026<\/td>\r\n<td style=\"width: 42.0625px\">.0596<\/td>\r\n<td style=\"width: 75.0625px\"><\/td>\r\n<td style=\"width: 15.0625px\">\u2026<\/td>\r\n<td style=\"width: 43.0625px\">.0753<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 23.0625px\">0.2<\/td>\r\n<td style=\"width: 44.0625px\">.0793<\/td>\r\n<td style=\"width: 42.0625px\">.0832<\/td>\r\n<td style=\"width: 15.0625px\">\u2026<\/td>\r\n<td style=\"width: 42.0625px\">.0987<\/td>\r\n<td style=\"width: 75.0625px\"><\/td>\r\n<td style=\"width: 15.0625px\">\u2026<\/td>\r\n<td style=\"width: 43.0625px\">.1141<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 23.0625px\">\u2026<\/td>\r\n<td style=\"width: 44.0625px\">\u2026<\/td>\r\n<td style=\"width: 42.0625px\">\u2026<\/td>\r\n<td style=\"width: 15.0625px\">\u2026<\/td>\r\n<td style=\"width: 42.0625px\">\u2026<\/td>\r\n<td style=\"width: 75.0625px\"><\/td>\r\n<td style=\"width: 15.0625px\">\u2026<\/td>\r\n<td style=\"width: 43.0625px\">\u2026<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 23.0625px\">\u2026<\/td>\r\n<td style=\"width: 44.0625px\">\u2026<\/td>\r\n<td style=\"width: 42.0625px\">\u2026<\/td>\r\n<td style=\"width: 15.0625px\">\u2026<\/td>\r\n<td style=\"width: 42.0625px\">\u2026<\/td>\r\n<td style=\"width: 75.0625px\"><\/td>\r\n<td style=\"width: 15.0625px\">\u2026<\/td>\r\n<td style=\"width: 43.0625px\">\u2026<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 23.0625px\">\u2026<\/td>\r\n<td style=\"width: 44.0625px\">\u2026<\/td>\r\n<td style=\"width: 42.0625px\">\u2026<\/td>\r\n<td style=\"width: 15.0625px\">\u2026<\/td>\r\n<td style=\"width: 42.0625px\">\u2026<\/td>\r\n<td style=\"width: 75.0625px\"><\/td>\r\n<td style=\"width: 15.0625px\">\u2026<\/td>\r\n<td style=\"width: 43.0625px\">\u2026<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 23.0625px\">1.9<\/td>\r\n<td style=\"width: 44.0625px\">.4713<\/td>\r\n<td style=\"width: 42.0625px\">.4719<\/td>\r\n<td style=\"width: 15.0625px\">\u2026<\/td>\r\n<td style=\"width: 42.0625px\">.4744<\/td>\r\n<td style=\"width: 75.0625px\"><\/td>\r\n<td style=\"width: 15.0625px\">\u2026<\/td>\r\n<td style=\"width: 43.0625px\">.4767<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 23.0625px\"><\/td>\r\n<td style=\"width: 44.0625px\"><\/td>\r\n<td style=\"width: 42.0625px\"><\/td>\r\n<td style=\"width: 15.0625px\"><\/td>\r\n<td style=\"width: 42.0625px\"><\/td>\r\n<td style=\"width: 75.0625px\"><\/td>\r\n<td style=\"width: 15.0625px\"><\/td>\r\n<td style=\"width: 43.0625px\"><\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 23.0625px\">..<\/td>\r\n<td style=\"width: 44.0625px\">..<\/td>\r\n<td style=\"width: 42.0625px\">..<\/td>\r\n<td style=\"width: 15.0625px\">\u2026<\/td>\r\n<td style=\"width: 42.0625px\">..<\/td>\r\n<td style=\"width: 75.0625px\"><\/td>\r\n<td style=\"width: 15.0625px\">\u2026<\/td>\r\n<td style=\"width: 43.0625px\">\u2026<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 23.0625px\">..<\/td>\r\n<td style=\"width: 44.0625px\">..<\/td>\r\n<td style=\"width: 42.0625px\">..<\/td>\r\n<td style=\"width: 15.0625px\">\u2026<\/td>\r\n<td style=\"width: 42.0625px\">..<\/td>\r\n<td style=\"width: 75.0625px\"><\/td>\r\n<td style=\"width: 15.0625px\">\u2026<\/td>\r\n<td style=\"width: 43.0625px\">\u2026<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 23.0625px\">..<\/td>\r\n<td style=\"width: 44.0625px\">..<\/td>\r\n<td style=\"width: 42.0625px\">..<\/td>\r\n<td style=\"width: 15.0625px\">\u2026<\/td>\r\n<td style=\"width: 42.0625px\">..<\/td>\r\n<td style=\"width: 75.0625px\"><\/td>\r\n<td style=\"width: 15.0625px\">\u2026<\/td>\r\n<td style=\"width: 43.0625px\">\u2026<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 23.0625px\">3.0<\/td>\r\n<td style=\"width: 44.0625px\">.4987<\/td>\r\n<td style=\"width: 42.0625px\">.4987<\/td>\r\n<td style=\"width: 15.0625px\">\u2026<\/td>\r\n<td style=\"width: 42.0625px\">.4989<\/td>\r\n<td style=\"width: 75.0625px\"><\/td>\r\n<td style=\"width: 15.0625px\">\u2026<\/td>\r\n<td style=\"width: 43.0625px\">.4990<\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"width: 23.0625px\"><\/td>\r\n<td style=\"width: 44.0625px\"><\/td>\r\n<td style=\"width: 42.0625px\"><\/td>\r\n<td style=\"width: 15.0625px\"><\/td>\r\n<td style=\"width: 42.0625px\"><\/td>\r\n<td style=\"width: 75.0625px\">Required area<\/td>\r\n<td style=\"width: 15.0625px\"><\/td>\r\n<td style=\"width: 43.0625px\"><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<img class=\"aligncenter size-full wp-image-166\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-76.png\" alt=\"\" width=\"299\" height=\"162\" \/>\r\n<p style=\"text-align: center\"><strong>Fig. 6 <\/strong>Area between <em>z<\/em> = 0 and <em>z<\/em> = 1.95<\/p>\r\n&nbsp;\r\n<p style=\"text-align: justify\">The area between <em>z<\/em> = 0 and <em>z<\/em> = 1.95 can be interpreted as the probability that <em>z<\/em> assumes a value between 0 and 1.95. That is,<\/p>\r\n&nbsp;\r\n\r\nArea between 0 and 1.95 = <em>P(0 &lt; z &lt; 1.95) =<\/em> <strong><em>.4744<\/em><\/strong>\r\n\r\n&nbsp;\r\n\r\nthe probability that a continuous random variable assumes a single value in zero. Therefore,\r\n\r\n&nbsp;\r\n\r\n<em>P(z = 0) = 0\u00a0 and<\/em>\u00a0\u00a0\u00a0 <em>P(z = 1.95) = 0<\/em>\r\n\r\n&nbsp;\r\n\r\nHence\r\n\r\n&nbsp;\r\n\r\n<em>P(0 &lt; z &lt; 1.95) = P(0 &lt; z &lt; 1.95) = .4744<\/em>\r\n\r\n&nbsp;\r\n\r\n<em style=\"text-align: initial;font-size: 1em\">Finding area between a negative z and z = 0.<\/em>\r\n\r\n<\/div>\r\n<div>\r\n\r\n&nbsp;\r\n\r\n<strong>Example 2 : <\/strong>Find the area under the standard normal curve from <em>z<\/em> = \u20132.17 to <em>z<\/em> = 0.\r\n\r\n&nbsp;\r\n<p style=\"text-align: justify\"><strong style=\"text-align: initial;font-size: 1em\">Solution : <\/strong><span style=\"text-align: initial;font-size: 1em\">Because the normal distribution is symmetric about the mean, the area from <\/span><em style=\"text-align: initial;font-size: 1em\">z<\/em><span style=\"text-align: initial;font-size: 1em\"> = \u20132.17 to <\/span><em style=\"text-align: initial;font-size: 1em\">z<\/em><span style=\"text-align: initial;font-size: 1em\"> = 0 is the same as the area from <\/span><em style=\"text-align: initial;font-size: 1em\">z =<\/em><span style=\"text-align: initial;font-size: 1em\"> 0 to <\/span><em style=\"text-align: initial;font-size: 1em\">z<\/em><span style=\"text-align: initial;font-size: 1em\"> = 2.17, as shown in Figure 7.<\/span><\/p>\r\n\r\n<\/div>\r\n<div>\r\n\r\n<img class=\"aligncenter size-full wp-image-167\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-77.png\" alt=\"\" width=\"257\" height=\"127\" \/>\r\n<p style=\"text-align: center\"><strong>Figure : 7<\/strong><\/p>\r\n&nbsp;\r\n<p style=\"text-align: justify\">To find the area from <em>z<\/em> = \u20132.17 to <em>z<\/em> = 0, we look for the area from <em>z =<\/em> 0 to <em>z<\/em> = 2.17 in the standard normal distribution table (Table A).<\/p>\r\n&nbsp;\r\n<p style=\"text-align: justify\">To do so, First we locate 2.1 in the column for z in that table. Then we read the number at the intersection of the row for 2.1 and the column for 0.7. The relevant portion of the table A is produced below as Table: 2. As shown in Table : 2 and fig 8 ,this number is .4850<\/p>\r\n&nbsp;\r\n\r\n<strong>Table : 2 <\/strong>Area Under the Standard Normal Curve Between <em>z<\/em> = 0 and <em>z<\/em> = 2.17\r\n\r\n<\/div>\r\n<img class=\"aligncenter size-full wp-image-168\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-78.png\" alt=\"\" width=\"698\" height=\"370\" \/>\r\n<div>\r\n\r\n<img class=\"aligncenter size-full wp-image-169\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-79.png\" alt=\"\" width=\"296\" height=\"120\" \/>\r\n<p style=\"text-align: center\">Fig 8\u00a0\u00a0\u00a0 Area from Z= -2.17 to Z= 0<\/p>\r\n&nbsp;\r\n\r\nArea from Z= -2.17 to Z= 0\r\n\r\n&nbsp;\r\n<p style=\"text-align: justify\">The area from z = -2.17 to z = 0 gives the probability that z lies in the interval - 2.17 to 0. That is,<\/p>\r\n&nbsp;\r\n<p style=\"text-align: justify\">Area from -2.17 to 0 = P(-2.17 \u2264 z \u2264 0) = <strong>.4850<\/strong><\/p>\r\n&nbsp;\r\n\r\n<strong>Example 4 : <\/strong>Find the following areas under the standard normal curve.\r\n\r\n&nbsp;\r\n\r\n(a)\u00a0\u00a0\u00a0\u00a0\u00a0 Area to the right of z = 2.32\r\n\r\n&nbsp;\r\n\r\n(b)\u00a0\u00a0 Area to the left of z =-1.54\r\n\r\n&nbsp;\r\n\r\n<strong>Solution<\/strong>\r\n\r\n&nbsp;\r\n<p style=\"text-align: justify\">(a)\u00a0\u00a0\u00a0 As mentioned earlier, to read the normal distribution table we must start with z = 0. To find the area to the right of z = 2.32, first we find the area between z = 0 and z = 2.32. Then we subtract this area from .5, which is the total area to the right of z = 0. From Table A, the area between z = 0 and z = 2.32 is .4898. Consequently the required area is .5 - .4898 = .0102, a shown in figure----<\/p>\r\n<img class=\"aligncenter size-full wp-image-170\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-80.png\" alt=\"\" width=\"351\" height=\"116\" \/>\r\n<p style=\"text-align: center\">Figure 9 Area to the right of z =2.32<\/p>\r\n&nbsp;\r\n\r\nThe area to the right of z= 2.32 gives the probability that z is greater than 2.32 Thus,\r\n\r\n&nbsp;\r\n\r\nArea to the right of 2.32 = P(z &gt; 2.32) =.5 -.4898 =.0102\r\n\r\n&nbsp;\r\n<p style=\"text-align: justify\">(b)\u00a0\u00a0 To find the area under the standard normal curve to the left of z = - 1.54, first we find the area between z = -1.54 and z = 0 and then we subtract this area from .5, which is the total area to the left of z = 0. From Table A, the area between z = - 1.54 and z = 0 is .4382. Hence, the required area is .5 - .4382 = .0618. This area is shown in figure<\/p>\r\n<img class=\"aligncenter size-full wp-image-171\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-81.png\" alt=\"\" width=\"352\" height=\"136\" \/>\r\n<p style=\"text-align: center\">Fig: 10 The area to the left of z =\u00a0 - 1.54<\/p>\r\n&nbsp;\r\n\r\nThe area to the left of z = - 1.54 gives the probability that z is less than - 1.54. Thus,\r\n\r\nArea to the left of -1.54 =\u00a0 P (z &lt; - 1.54) = .5 - .4382 = .0618\r\n\r\n<\/div>\r\n<div>\r\n\r\n&nbsp;\r\n<p style=\"text-align: justify\"><strong>Example 5: <\/strong>Suppose the training- programme director wants to know the probability that a participant chosen at random would need between 550 to 650 hours to complete the required work.Mean is 500 and standard distribution is 100.<\/p>\r\n&nbsp;\r\n\r\n<strong>Solution : <\/strong>This probability is represented by shaded area in the fig.11.\r\n\r\n&nbsp;\r\n\r\n<strong>Step :1<\/strong>\r\n\r\n<img class=\"aligncenter size-full wp-image-173\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-83.png\" alt=\"\" width=\"497\" height=\"287\" \/>\r\n\r\n&nbsp;\r\n<p style=\"text-align: justify\">We look up at z = 1.5 in Normal probability distribution table and find the corresponding probability value as 0.4332 i.e. p(z) = 0.4332<\/p>\r\n&nbsp;\r\n\r\n<strong>Step : 11 :<\/strong>\r\n\r\n&nbsp;\r\n\r\nNow Calculate value of Z when X = 550.\r\n\r\nZ =\u00a0 \u00a0 \u00a0 =\u00a0 \u00a0 0.5\r\n<p style=\"text-align: justify\">Again we look up at Z = 0.5 is Normal Probability distribution table and find the corresponding probability value as 0.1915 i.e. p(z) = 0.1915.<\/p>\r\n&nbsp;\r\n\r\n<strong>Step : 111 :<\/strong>\r\n\r\n&nbsp;\r\n\r\nNow to find the final answer that is the chance that random variable will fall between the 650 and 550 hrs. is:\r\n\r\n&nbsp;\r\n\r\n<em>P<\/em>(random variable will lie between 650 \u2013 500 hrs.) = 0.4332\r\n\r\n&nbsp;\r\n\r\n\u2013<em>P<\/em>(random variable will lie between 550 \u2013 500 hrs.) = 0.1915\r\n\r\n&nbsp;\r\n\r\n=<em>P<\/em>(random variable lies in shaded area that is between 550 \u2013 650) = 0.2417\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n<p style=\"text-align: justify\"><strong>Example 6:<\/strong> An aptitude Test was conducted on 900 employee of the metro tyres limited. In which the mean score was found to be 50 with s.d = 20 on the basis of this information what was the.<\/p>\r\n&nbsp;\r\n\r\n(a)\u00a0 No. of employee chose mean score was less than 30.\r\n\r\n&nbsp;\r\n\r\n(b) No. of employees whose mean score exceeds 70.\r\n\r\n&nbsp;\r\n\r\n(c) No. of employees whose mean score b\/w 30 &amp; 70.\r\n\r\n<\/div>\r\n<div>\r\n\r\n<img class=\"aligncenter size-full wp-image-174\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-84.png\" alt=\"\" width=\"501\" height=\"407\" \/><img class=\"aligncenter size-full wp-image-175\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-85.png\" alt=\"\" width=\"369\" height=\"368\" \/><img class=\"aligncenter size-full wp-image-176\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-86.png\" alt=\"\" width=\"351\" height=\"252\" \/>\r\n\r\n<em>P (\u20131 &lt; z &lt; 0) +P (0 &lt; z &lt; 1)<\/em>\r\n<p style=\"text-align: center\">= <em>3413 + 0.3413<\/em><\/p>\r\n<p style=\"text-align: center\">= <em>6826<\/em><\/p>\r\n<p style=\"text-align: center\">&gt; 70 = 900 x 0.1587<\/p>\r\n<p style=\"text-align: center\">143<\/p>\r\n<p style=\"text-align: center\">the no. of employees whose mean score was<\/p>\r\n<p style=\"text-align: center\">&lt; 30<\/p>\r\n<p style=\"text-align: center\">= 900 x 0.1587 143<\/p>\r\n<p style=\"text-align: center\">No. of employees whose mean score b\/w 30 &amp; 70.<\/p>\r\n<p style=\"text-align: center\">0.6826 x900 = 614.<\/p>\r\n&nbsp;\r\n\r\n<strong>Example 7:<\/strong>\u00a0\u00a0\u00a0\u00a0\u00a0 In a normal distribution 7% of the items are under 35 &amp; 89% are under 63. What are the mean &amp; S.d. of the distribution.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-align: initial;font-size: 1em\">Solution :\u00a0\u00a0\u00a0\u00a0<\/span>\r\n\r\n<span style=\"text-align: initial;font-size: 1em\"> P (X &lt; 35) = 0.07------------[1] <\/span>\r\n\r\n<span style=\"text-align: initial;font-size: 1em\">P(X &lt; 63) = 0.89<\/span><span style=\"text-align: initial;font-size: 1em\">------------[2]<\/span>\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-align: initial;font-size: 1em\">For X = 35\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Z =\u00a0<\/span><span style=\"text-align: initial;font-size: 1em\">= \u2013Z2 (say)<\/span>\r\n\r\n<\/div>\r\n<img class=\"aligncenter size-full wp-image-178\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-88.png\" alt=\"\" width=\"483\" height=\"264\" \/>\r\n<div>\r\n\r\n&nbsp;\r\n\r\nUsing the given probability in [1] &amp; [2] and\r\n\r\n&nbsp;\r\n\r\nP(Z &lt; Z2) = 0.07\r\n\r\n&nbsp;\r\n\r\nP(\u2013Z2 &lt; Z &lt; 0) = 0.5 \u2013 0.47\r\n\r\n&nbsp;\r\n\r\nwe can see that P(0 &lt; Z &lt; Z2) = 0.43\r\n\r\n&nbsp;\r\n\r\n&amp;\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 P(O &lt; Z &lt; Z1) = 0.39\r\n\r\n&nbsp;\r\n\r\n<img class=\"aligncenter size-full wp-image-179\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-89.png\" alt=\"\" width=\"529\" height=\"244\" \/>\r\n\r\n(35 \u2013 ) x 123 = (63 \u2013 ) x (\u2013148)\r\n\r\n&nbsp;\r\n\r\n4925 \u2013 123\u00a0\u00a0\u00a0 = \u20139324 + 148\r\n\r\n&nbsp;\r\n\r\n4925 + 9325 = (148 + 123)\r\n\r\n&nbsp;\r\n\r\n13619 = 271\r\n\r\n&nbsp;\r\n\r\n=\u00a0 = 50.25\r\n\r\n&nbsp;\r\n\r\n~ 50.3\r\n\r\n&nbsp;\r\n\r\nPut the above value in eqn [3]. We get\r\n\r\n&nbsp;\r\n\r\n= \u20131.48\r\n\r\n&nbsp;\r\n\r\n= \u20131.48\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n<p style=\"text-align: justify\"><strong>Example 8:\u00a0\u00a0 <\/strong>Of a large group of man, 5% are under 60 inches in height &amp; 40% are between 60 &amp; 65 inches. Assuming a normal distribution, find the mean height &amp; standard\u00a0<span style=\"text-align: initial;text-indent: 1em;font-size: 1em\">Here both point lie to the left of mean so the corresponding value will be negative when<\/span><\/p>\r\n\r\n<\/div>\r\n<div>\r\n\r\n<img class=\"aligncenter size-full wp-image-180\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-90.png\" alt=\"\" width=\"562\" height=\"448\" \/>\r\n\r\nFrom Table-\r\n\r\n&nbsp;\r\n\r\nP (0 &lt; Z &lt; Z1) = 0.45 = P(0 &lt; Z &lt; 1.645) &amp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n[5] &amp; [6]\u00a0\u00a0 we get\r\n\r\n&nbsp;\r\n\r\n(60 \u2013 ) 0.13 = (65 \u2013 ) 1.645\r\n\r\n&nbsp;\r\n\r\n7.8 \u2013 0.13 \u00a0\u2013 1.645\r\n\r\n&nbsp;\r\n\r\n78 \u2013 106.925 = 0.13 \u2013 1.645\r\n\r\n&nbsp;\r\n\r\n99.125 = 1.515\r\n\r\n<\/div>\r\n<img class=\"size-full wp-image-181 alignleft\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-91.png\" alt=\"\" width=\"370\" height=\"157\" \/>\r\n<div>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<strong>Example 9: <\/strong>A random variate X is Normally distributed with mean 12 * s.d. \u00a0= 2 find prob.\r\n\r\n&nbsp;\r\n\r\nP(9.3 &lt; x &lt; 13.8) given that \u00a0= 0.9, A = 0.3159 &amp; \u00a0= 1.2, A = 0.3849.\r\n\r\n&nbsp;\r\n\r\nSolution :\u00a0 \u00a0P (9.6 &lt; X &lt; 13.8)\r\n\r\n<img class=\"aligncenter size-full wp-image-182\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-92.png\" alt=\"\" width=\"250\" height=\"179\" \/>\r\n\r\n<img class=\"aligncenter size-full wp-image-183\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-93.png\" alt=\"\" width=\"281\" height=\"238\" \/>\r\n\r\n&nbsp;\r\n\r\n<strong>Example 10: <\/strong>If skulls are classified as A,B,C according as the length- breadth index as under 75, between 75 &amp; 80, or over 80, find approx. (assuming that dist is normal) the mean &amp; Standard .deviation of a series in which A are 58%, B are 38% &amp; C are 4% being given that.\r\n\r\n&nbsp;\r\n\r\n<img class=\"aligncenter size-full wp-image-184\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-94.png\" alt=\"\" width=\"286\" height=\"66\" \/>\r\n\r\n&nbsp;\r\n<p style=\"text-align: justify\"><strong>Solution : <\/strong>Let M be the mean &amp; \u00a0be the S.d. according to the given condition. area between t =0 &amp; t = 0.20 is 0.08 so that the area to the left is 0.5 + 0.08<\/p>\r\n&nbsp;\r\n\r\nWhich corresponds to X = 75\r\n\r\n<\/div>\r\n<div>\r\n\r\n<img class=\"aligncenter size-full wp-image-185\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-95.png\" alt=\"\" width=\"592\" height=\"402\" \/>\r\n\r\n<img class=\"aligncenter size-full wp-image-186\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-96.png\" alt=\"\" width=\"183\" height=\"251\" \/>\r\n<p style=\"text-align: justify\"><strong>Example 11: <\/strong>In a normal distribution, 31% of the items are under 45 &amp; 8% over 64. Find the mean &amp; standard deviation of the distribution.<\/p>\r\n\r\n<\/div>\r\n<div>\r\n\r\n<img class=\"aligncenter size-full wp-image-187\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-97.png\" alt=\"\" width=\"665\" height=\"179\" \/>\r\n\r\n<\/div>\r\n<div>\r\n\r\n<img class=\"aligncenter size-full wp-image-188\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-98.png\" alt=\"\" width=\"673\" height=\"491\" \/><img class=\"aligncenter size-full wp-image-189\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-99.png\" alt=\"\" width=\"510\" height=\"393\" \/>\r\n\r\n<\/div>\r\n&nbsp;\r\n\r\n<strong>Summary<\/strong>\r\n\r\n&nbsp;\r\n<p style=\"text-align: justify\">The standard normal distribution is a special case of normal distribution.For the standard normal distribution the value of mean is equal to zero and the value of standard deviation is equal to 1.The Z values or Z scores which is known as standard units or standard scores. They represent random variable that possesses the standard normal distribution. To see the tabular values for finding area under the curve has been explained here.Different problems are taken into consideration and their solutions are also given.<\/p>\r\n&nbsp;\r\n<p style=\"text-align: center\"><strong>Learn More:<\/strong><\/p>\r\n\r\n<ol>\r\n \t<li>\u2018Fundamentals of Mathematical Statistics\u2019, S.C. Gupta &amp; V.K. Kapoor Public, Sultan Chand &amp; sons, New Delhi.<\/li>\r\n \t<li>\u2018Solution and\u00a0 Problems\u00a0 on\u00a0 Mathematical\u00a0 Statistics\u2019,\u00a0 Dr.\u00a0 B.D.\u00a0 Gupta,\u00a0 Publ.,\u00a0 CBS Publishers &amp; Distributors.<\/li>\r\n \t<li>\u2018Probability &amp; Statistics for Engineers\u2019, Miller &amp; Freund &amp; Richard A. Johnson, Pearson Edition.<\/li>\r\n \t<li>\u2018Modern Probability theory and its applications,\u2019 E-Porzen, Wiley, New York.<\/li>\r\n \t<li>\u2018Theory of Statistics\u2019 Schervish Mark J., New York, Springer.<\/li>\r\n \t<li>\u2018Theory and problems of Probability and statistics, Murray R.Spiegel, John J. Schiller R. Alu Arinivasan, Tata Mc Graw \u2013 Hill Publishing company limited.<\/li>\r\n \t<li>\u201cIntroductory Statistics\u201d (second edition), Prem S.Mann, Publ. John Wiley &amp; Sons, INC,(1995).<\/li>\r\n<\/ol>\r\n&nbsp;\r\n\r\n&nbsp;","rendered":"<div>\n<p>&nbsp;<\/p>\n<p>0.\u00a0\u00a0\u00a0\u00a0\u00a0 Introduction :Normal Distribution<\/p>\n<p>&nbsp;<\/p>\n<p>1.\u00a0\u00a0\u00a0\u00a0\u00a0 Characteristic of Normal Probability Distribution<\/p>\n<p>&nbsp;<\/p>\n<p>2.\u00a0\u00a0\u00a0\u00a0\u00a0 Empirical Rule<\/p>\n<p>&nbsp;<\/p>\n<p>3.\u00a0\u00a0\u00a0\u00a0\u00a0 Table<\/p>\n<p>&nbsp;<\/p>\n<p>4.\u00a0\u00a0\u00a0\u00a0\u00a0 Standard Normal Distribution<\/p>\n<p>&nbsp;<\/p>\n<p>5.\u00a0\u00a0\u00a0\u00a0\u00a0 Related Problems<\/p>\n<p>&nbsp;<\/p>\n<p>6.\u00a0\u00a0\u00a0\u00a0\u00a0 Summary<\/p>\n<p>&nbsp;<\/p>\n<p><strong>THE NORMAL DISTRIBUTION<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\">A very important continuous probability distribution is the normal distribution. It is applicable to many situations in which it is necessary to make inferences by taking samples. The normal distribution comes close to fitting in actual observed frequency distributions of many phenomena, including human characteristics (weights, heights, and IQs), output from physical process (dimensions and yields) and other measures of interest to managers in both the public and private sectors.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Characteristics<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Characteristics of the Normal probability Distribution<\/p>\n<p>&nbsp;<\/p>\n<p>The diagram suggests important features of normal probability distribution :<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 1em;text-align: initial\">1.\u00a0 The curve has a single peak thus it is uni modal. It has the bell shaped curve<\/span><\/p>\n<p><span style=\"text-align: initial;font-size: 1em\">2.\u00a0 The mean of a normally distributed population lies at the centre of its normal curve.<\/span><\/p>\n<p><span style=\"text-align: initial;font-size: 1em\">3.\u00a0 Because of symmetry of the normal probability curve the mean, median and mode lie on the same point.<\/span><\/p>\n<p><span style=\"text-align: initial;font-size: 1em\">4.\u00a0 The two tails of the normal probability curve extend indefinitely and never touch the horizontal axis.<\/span><\/p>\n<p><span style=\"text-align: initial;font-size: 1em\">5.<\/span><span style=\"font-size: 1em\">\u00a0<\/span><span style=\"font-size: 1em;text-align: initial;text-indent: 1em\">\u00a0 To define a particular normal probability distributions, we need only two parameters, the mean () and<\/span><\/p>\n<p><span style=\"text-align: initial;font-size: 1em\">the standard deviation().<\/span><\/p>\n<\/div>\n<div>\n<p>&nbsp;<\/p>\n<p><strong>EMPIRICAL RULE<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\">Further, in the discussion on the use of standard deviation, we also discussed the empirical rule for a bell shaped curve. That empirical rule is based on the standard normal distribution table. By using the normal distribution table, we can now verify the empirical rule as follows.<\/p>\n<p>&nbsp;<\/p>\n<ol>\n<li style=\"text-align: justify\">The total area within one standard deviation of the mean is 68.26%. This area is given by the sum of the areas between z = -1.0 and z =0 and between z=0 and z = 1.0. As shown in Figure 1, each of these two areas is .3413 of 34.13%. Consequently, the total area between z = -1.0 is 68.26%<\/li>\n<\/ol>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-160\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-70.png\" alt=\"\" width=\"322\" height=\"120\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-70.png 322w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-70-300x112.png 300w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-70-65x24.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-70-225x84.png 225w\" sizes=\"auto, (max-width: 322px) 100vw, 322px\" \/><\/p>\n<p style=\"text-align: center\">Figure 1 Area within one standard deviation of the<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\">2.\u00a0 The total area within two standard deviations of the mean is 95.44%. This area is given by the sumof the<\/p>\n<p style=\"text-align: justify\">area between z = -2.0 and z =0 and between z = 0 and z =2.0. As shown in Figure 2 each of these two areas is<\/p>\n<p style=\"text-align: justify\">.4772 or 47.72%. Hence, the total area between z = &#8211; 2.0 and z = 2.0 is 95.44%.<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-161\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-71.png\" alt=\"\" width=\"332\" height=\"118\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-71.png 332w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-71-300x107.png 300w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-71-65x23.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-71-225x80.png 225w\" sizes=\"auto, (max-width: 332px) 100vw, 332px\" \/><\/p>\n<p style=\"text-align: center\">Figure 2 Area within two standard deviations of the mean<\/p>\n<p>&nbsp;<\/p>\n<p>3. The total are with in three standard deviations of the mean is 99.74%. This area is given by the sum of the<\/p>\n<p style=\"text-align: justify\">areas between z = -3.0 and z =0 and between z = 0 and z = 3.0. As shown in figure 3, each of these two areas<\/p>\n<p>is .4987 or 49.87%. Therefore, the total area between z = -3.0 and z = 3.0 is 99.7%.<\/p>\n<\/div>\n<div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-162\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-72.png\" alt=\"\" width=\"310\" height=\"134\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-72.png 310w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-72-300x130.png 300w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-72-65x28.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-72-225x97.png 225w\" sizes=\"auto, (max-width: 310px) 100vw, 310px\" \/><\/p>\n<p style=\"text-align: center\">Figure 3 Area within three standard deviation of the mean<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\">Again, note that only a specific bell-shaped curve represents the normal distribution. Now we can state that a bell-shaped curve that contains (about) 68.26% of the total area within one standard deviations of the mean, and (about) 99.74% of the total area within three standard deviations of the mean represents a normal distribution curve.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\">The standard normal distribution table, Table A only goes up to <em>z<\/em> = 3.09. In other words, that table can be read only for <em>z<\/em> = 0 to <em>z<\/em> = 3.09 (or to <em>z<\/em> = \u20133.09). Consequently, if we need to find the area between <em>z<\/em> = 0 and a <em>z<\/em> value greater than 3.09 (or between a <em>z<\/em> value less than \u2013 3.09 and <em>z<\/em> =0) under the standard normal curve, we cannot obtain it from the normal distribution table because it does not contain a <em>z<\/em> value greater than 3.09. In such cases, the area under the normal distribution curve between <em>z<\/em> = 0 and any <em>z<\/em> value greater than 3.09 (or less than \u2013 3.09) is approximated by .5. From the normal distribution table, the area between <em>z<\/em>=\u00a0\u00a0 0 and <em>z<\/em> = 3.09 is .4990. Hence, the area between <em>z<\/em> = 0 and any value of <em>z<\/em> greater than 3.09 is larger than .4990 and can be approximated by .5<\/p>\n<p>&nbsp;<\/p>\n<p>Table : A STANDARD NORMAL DISTRIBUTION<\/p>\n<p>&nbsp;<\/p>\n<p>The entries in the table give the areas under the standard normal curve from 0 to \u2026<\/p>\n<table class=\"aligncenter\" style=\"width: 60%\">\n<tbody>\n<tr>\n<td style=\"width: 21.0625px\"><strong>Z<\/strong><\/td>\n<td style=\"width: 40.0625px\"><strong>.00<\/strong><\/td>\n<td style=\"width: 38.0625px\"><strong>.01<\/strong><\/td>\n<td style=\"width: 39.0625px\"><strong>.02<\/strong><\/td>\n<td style=\"width: 37.0625px\"><strong>.03<\/strong><\/td>\n<td style=\"width: 37.0625px\"><strong>.04<\/strong><\/td>\n<td style=\"width: 37.0625px\"><strong>.05<\/strong><\/td>\n<td style=\"width: 37.0625px\"><strong>.06<\/strong><\/td>\n<td style=\"width: 37.0625px\"><strong>.07<\/strong><\/td>\n<td style=\"width: 37.0625px\"><strong>.08<\/strong><\/td>\n<td style=\"width: 37.0625px\"><strong>.09<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">0.0<\/td>\n<td style=\"width: 40.0625px\">.0000<\/td>\n<td style=\"width: 38.0625px\">.0040<\/td>\n<td style=\"width: 39.0625px\">.0080<\/td>\n<td style=\"width: 37.0625px\">.0120<\/td>\n<td style=\"width: 37.0625px\">.0610<\/td>\n<td style=\"width: 37.0625px\">0.199<\/td>\n<td style=\"width: 37.0625px\">.0239<\/td>\n<td style=\"width: 37.0625px\">.0279<\/td>\n<td style=\"width: 37.0625px\">.0319<\/td>\n<td style=\"width: 37.0625px\">.0359<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">0.1<\/td>\n<td style=\"width: 40.0625px\">.0398<\/td>\n<td style=\"width: 38.0625px\">.0438<\/td>\n<td style=\"width: 39.0625px\">.0478<\/td>\n<td style=\"width: 37.0625px\">.0517<\/td>\n<td style=\"width: 37.0625px\">.0557<\/td>\n<td style=\"width: 37.0625px\">.596<\/td>\n<td style=\"width: 37.0625px\">.0636<\/td>\n<td style=\"width: 37.0625px\">.0675<\/td>\n<td style=\"width: 37.0625px\">.0714<\/td>\n<td style=\"width: 37.0625px\">.4753<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">0.2<\/td>\n<td style=\"width: 40.0625px\">.0798<\/td>\n<td style=\"width: 38.0625px\">.0832<\/td>\n<td style=\"width: 39.0625px\">.0871<\/td>\n<td style=\"width: 37.0625px\">.0910<\/td>\n<td style=\"width: 37.0625px\">.0948<\/td>\n<td style=\"width: 37.0625px\">.0987<\/td>\n<td style=\"width: 37.0625px\">.1026<\/td>\n<td style=\"width: 37.0625px\">.1064<\/td>\n<td style=\"width: 37.0625px\">.1103<\/td>\n<td style=\"width: 37.0625px\">.1141<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">0.3<\/td>\n<td style=\"width: 40.0625px\">.1179<\/td>\n<td style=\"width: 38.0625px\">.1217<\/td>\n<td style=\"width: 39.0625px\">.1255<\/td>\n<td style=\"width: 37.0625px\">.1293<\/td>\n<td style=\"width: 37.0625px\">.1331<\/td>\n<td style=\"width: 37.0625px\">.1368<\/td>\n<td style=\"width: 37.0625px\">.1406<\/td>\n<td style=\"width: 37.0625px\">.1443<\/td>\n<td style=\"width: 37.0625px\">.1480<\/td>\n<td style=\"width: 37.0625px\">.1517<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">0.4<\/td>\n<td style=\"width: 40.0625px\">.1554<\/td>\n<td style=\"width: 38.0625px\">.1591<\/td>\n<td style=\"width: 39.0625px\">.1628<\/td>\n<td style=\"width: 37.0625px\">.164<\/td>\n<td style=\"width: 37.0625px\">.1700<\/td>\n<td style=\"width: 37.0625px\">.1736<\/td>\n<td style=\"width: 37.0625px\">.1772<\/td>\n<td style=\"width: 37.0625px\">.1808<\/td>\n<td style=\"width: 37.0625px\">.1844<\/td>\n<td style=\"width: 37.0625px\">.1879<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">0.5<\/td>\n<td style=\"width: 40.0625px\">.1915<\/td>\n<td style=\"width: 38.0625px\">.1950<\/td>\n<td style=\"width: 39.0625px\">.1985<\/td>\n<td style=\"width: 37.0625px\">.2019<\/td>\n<td style=\"width: 37.0625px\">.2054<\/td>\n<td style=\"width: 37.0625px\">.2088<\/td>\n<td style=\"width: 37.0625px\">.2123<\/td>\n<td style=\"width: 37.0625px\">.2157<\/td>\n<td style=\"width: 37.0625px\">.2190<\/td>\n<td style=\"width: 37.0625px\">.2224<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">0.6<\/td>\n<td style=\"width: 40.0625px\">.2257<\/td>\n<td style=\"width: 38.0625px\">.2291<\/td>\n<td style=\"width: 39.0625px\">.2324<\/td>\n<td style=\"width: 37.0625px\">.2357<\/td>\n<td style=\"width: 37.0625px\">.2389<\/td>\n<td style=\"width: 37.0625px\">.2422<\/td>\n<td style=\"width: 37.0625px\">.2454<\/td>\n<td style=\"width: 37.0625px\">.2486<\/td>\n<td style=\"width: 37.0625px\">.2517<\/td>\n<td style=\"width: 37.0625px\">.2549<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">0.7<\/td>\n<td style=\"width: 40.0625px\">.2580<\/td>\n<td style=\"width: 38.0625px\">.2611<\/td>\n<td style=\"width: 39.0625px\">.2642<\/td>\n<td style=\"width: 37.0625px\">.2673<\/td>\n<td style=\"width: 37.0625px\">.2704<\/td>\n<td style=\"width: 37.0625px\">.2734<\/td>\n<td style=\"width: 37.0625px\">.2764<\/td>\n<td style=\"width: 37.0625px\">.2794<\/td>\n<td style=\"width: 37.0625px\">.2823<\/td>\n<td style=\"width: 37.0625px\">.2852<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">0.8<\/td>\n<td style=\"width: 40.0625px\">.2881<\/td>\n<td style=\"width: 38.0625px\">.2910<\/td>\n<td style=\"width: 39.0625px\">.2939<\/td>\n<td style=\"width: 37.0625px\">.2967<\/td>\n<td style=\"width: 37.0625px\">.2995<\/td>\n<td style=\"width: 37.0625px\">.3023<\/td>\n<td style=\"width: 37.0625px\">.3051<\/td>\n<td style=\"width: 37.0625px\">.3078<\/td>\n<td style=\"width: 37.0625px\">.3106<\/td>\n<td style=\"width: 37.0625px\">.3133<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">0.9<\/td>\n<td style=\"width: 40.0625px\">.3159<\/td>\n<td style=\"width: 38.0625px\">.3186<\/td>\n<td style=\"width: 39.0625px\">.3212<\/td>\n<td style=\"width: 37.0625px\">.3238<\/td>\n<td style=\"width: 37.0625px\">.3234<\/td>\n<td style=\"width: 37.0625px\">.3289<\/td>\n<td style=\"width: 37.0625px\">.3315<\/td>\n<td style=\"width: 37.0625px\">.3340<\/td>\n<td style=\"width: 37.0625px\">.3365<\/td>\n<td style=\"width: 37.0625px\">.3389<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">1.0<\/td>\n<td style=\"width: 40.0625px\">.3413<\/td>\n<td style=\"width: 38.0625px\">.3438<\/td>\n<td style=\"width: 39.0625px\">.3461<\/td>\n<td style=\"width: 37.0625px\">.3485<\/td>\n<td style=\"width: 37.0625px\">.3508<\/td>\n<td style=\"width: 37.0625px\">.3531<\/td>\n<td style=\"width: 37.0625px\">3554<\/td>\n<td style=\"width: 37.0625px\">.357<\/td>\n<td style=\"width: 37.0625px\">.3599<\/td>\n<td style=\"width: 37.0625px\">.3621<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">1.1<\/td>\n<td style=\"width: 40.0625px\">.3643<\/td>\n<td style=\"width: 38.0625px\">.3665<\/td>\n<td style=\"width: 39.0625px\">.3686<\/td>\n<td style=\"width: 37.0625px\">.3708<\/td>\n<td style=\"width: 37.0625px\">.3729<\/td>\n<td style=\"width: 37.0625px\">.3749<\/td>\n<td style=\"width: 37.0625px\">.3770<\/td>\n<td style=\"width: 37.0625px\">.3790<\/td>\n<td style=\"width: 37.0625px\">.3810<\/td>\n<td style=\"width: 37.0625px\">.3830<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">1.2<\/td>\n<td style=\"width: 40.0625px\">.3849<\/td>\n<td style=\"width: 38.0625px\">.3869<\/td>\n<td style=\"width: 39.0625px\">.3888<\/td>\n<td style=\"width: 37.0625px\">.3907<\/td>\n<td style=\"width: 37.0625px\">.3925<\/td>\n<td style=\"width: 37.0625px\">.3944<\/td>\n<td style=\"width: 37.0625px\">.3962<\/td>\n<td style=\"width: 37.0625px\">.3980<\/td>\n<td style=\"width: 37.0625px\">.3997<\/td>\n<td style=\"width: 37.0625px\">.4015<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">1.3<\/td>\n<td style=\"width: 40.0625px\">.4032<\/td>\n<td style=\"width: 38.0625px\">.4049<\/td>\n<td style=\"width: 39.0625px\">.4066<\/td>\n<td style=\"width: 37.0625px\">.4082<\/td>\n<td style=\"width: 37.0625px\">.4099<\/td>\n<td style=\"width: 37.0625px\">.4115<\/td>\n<td style=\"width: 37.0625px\">.4131<\/td>\n<td style=\"width: 37.0625px\">.4147<\/td>\n<td style=\"width: 37.0625px\">.4162<\/td>\n<td style=\"width: 37.0625px\">.4177<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">1.4<\/td>\n<td style=\"width: 40.0625px\">.4192<\/td>\n<td style=\"width: 38.0625px\">.4207<\/td>\n<td style=\"width: 39.0625px\">.4222<\/td>\n<td style=\"width: 37.0625px\">.4263<\/td>\n<td style=\"width: 37.0625px\">.4251<\/td>\n<td style=\"width: 37.0625px\">.4265<\/td>\n<td style=\"width: 37.0625px\">.4279<\/td>\n<td style=\"width: 37.0625px\">.4292<\/td>\n<td style=\"width: 37.0625px\">.4306<\/td>\n<td style=\"width: 37.0625px\">.4319<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div>\n<table class=\"aligncenter\" style=\"width: 60%\">\n<tbody>\n<tr>\n<td style=\"width: 21.0625px\">1.5<\/td>\n<td style=\"width: 37.0625px\">.4332<\/td>\n<td style=\"width: 37.0625px\">.4345<\/td>\n<td style=\"width: 37.0625px\">.4357<\/td>\n<td style=\"width: 37.0625px\">.4370<\/td>\n<td style=\"width: 37.0625px\">.4382<\/td>\n<td style=\"width: 37.0625px\">.4394<\/td>\n<td style=\"width: 37.0625px\">.4406<\/td>\n<td style=\"width: 37.0625px\">.4418<\/td>\n<td style=\"width: 37.0625px\">.4429<\/td>\n<td style=\"width: 41.0625px\">.4441<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">1.6<\/td>\n<td style=\"width: 37.0625px\">.4452<\/td>\n<td style=\"width: 37.0625px\">.4463<\/td>\n<td style=\"width: 37.0625px\">.4474<\/td>\n<td style=\"width: 37.0625px\">.4884<\/td>\n<td style=\"width: 37.0625px\">.4495<\/td>\n<td style=\"width: 37.0625px\">.4505<\/td>\n<td style=\"width: 37.0625px\">.4515<\/td>\n<td style=\"width: 37.0625px\">.4525<\/td>\n<td style=\"width: 37.0625px\">.4535<\/td>\n<td style=\"width: 41.0625px\">.4545<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">1.7<\/td>\n<td style=\"width: 37.0625px\">.4554<\/td>\n<td style=\"width: 37.0625px\">.4564<\/td>\n<td style=\"width: 37.0625px\">.4573<\/td>\n<td style=\"width: 37.0625px\">.4582<\/td>\n<td style=\"width: 37.0625px\">.4591<\/td>\n<td style=\"width: 37.0625px\">.4599<\/td>\n<td style=\"width: 37.0625px\">.4608<\/td>\n<td style=\"width: 37.0625px\">.4616<\/td>\n<td style=\"width: 37.0625px\">.4625<\/td>\n<td style=\"width: 41.0625px\">34633<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">1.8<\/td>\n<td style=\"width: 37.0625px\">.4641<\/td>\n<td style=\"width: 37.0625px\">.4649<\/td>\n<td style=\"width: 37.0625px\">.4656<\/td>\n<td style=\"width: 37.0625px\">.4664<\/td>\n<td style=\"width: 37.0625px\">.4671<\/td>\n<td style=\"width: 37.0625px\">.4678<\/td>\n<td style=\"width: 37.0625px\">.4686<\/td>\n<td style=\"width: 37.0625px\">.4693<\/td>\n<td style=\"width: 37.0625px\">.4699<\/td>\n<td style=\"width: 41.0625px\">.4706<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">1.9<\/td>\n<td style=\"width: 37.0625px\">.4713<\/td>\n<td style=\"width: 37.0625px\">.4719<\/td>\n<td style=\"width: 37.0625px\">.4726<\/td>\n<td style=\"width: 37.0625px\">.4732<\/td>\n<td style=\"width: 37.0625px\">.4738<\/td>\n<td style=\"width: 37.0625px\">.4744<\/td>\n<td style=\"width: 37.0625px\">.4750<\/td>\n<td style=\"width: 37.0625px\">.4756<\/td>\n<td style=\"width: 37.0625px\">.4762<\/td>\n<td style=\"width: 41.0625px\">.4767<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">2.0<\/td>\n<td style=\"width: 37.0625px\">.4772<\/td>\n<td style=\"width: 37.0625px\">.4778<\/td>\n<td style=\"width: 37.0625px\">.4783<\/td>\n<td style=\"width: 37.0625px\">.4788<\/td>\n<td style=\"width: 37.0625px\">.4793<\/td>\n<td style=\"width: 37.0625px\">.4798<\/td>\n<td style=\"width: 37.0625px\">.4803<\/td>\n<td style=\"width: 37.0625px\">.4808<\/td>\n<td style=\"width: 37.0625px\">.4812<\/td>\n<td style=\"width: 41.0625px\">.4817<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">2.1<\/td>\n<td style=\"width: 37.0625px\">.4821<\/td>\n<td style=\"width: 37.0625px\">.4826<\/td>\n<td style=\"width: 37.0625px\">.4830<\/td>\n<td style=\"width: 37.0625px\">.4834<\/td>\n<td style=\"width: 37.0625px\">.4838<\/td>\n<td style=\"width: 37.0625px\">.4842<\/td>\n<td style=\"width: 37.0625px\">.4846<\/td>\n<td style=\"width: 37.0625px\">.4850<\/td>\n<td style=\"width: 37.0625px\">.4854<\/td>\n<td style=\"width: 41.0625px\">.4857<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">2.2<\/td>\n<td style=\"width: 37.0625px\">.4861<\/td>\n<td style=\"width: 37.0625px\">.4864<\/td>\n<td style=\"width: 37.0625px\">.4868<\/td>\n<td style=\"width: 37.0625px\">.4871<\/td>\n<td style=\"width: 37.0625px\">.4875<\/td>\n<td style=\"width: 37.0625px\">.4878<\/td>\n<td style=\"width: 37.0625px\">.4881<\/td>\n<td style=\"width: 37.0625px\">.4884<\/td>\n<td style=\"width: 37.0625px\">.4887<\/td>\n<td style=\"width: 41.0625px\">.4890<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">2.3<\/td>\n<td style=\"width: 37.0625px\">.4893<\/td>\n<td style=\"width: 37.0625px\">.4896<\/td>\n<td style=\"width: 37.0625px\">.4898<\/td>\n<td style=\"width: 37.0625px\">.4901<\/td>\n<td style=\"width: 37.0625px\">.4904<\/td>\n<td style=\"width: 37.0625px\">.4906<\/td>\n<td style=\"width: 37.0625px\">.4809<\/td>\n<td style=\"width: 37.0625px\">.4911<\/td>\n<td style=\"width: 37.0625px\">.4913<\/td>\n<td style=\"width: 41.0625px\">.4916<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">2.4<\/td>\n<td style=\"width: 37.0625px\">.49.18<\/td>\n<td style=\"width: 37.0625px\">.4920<\/td>\n<td style=\"width: 37.0625px\">.4922<\/td>\n<td style=\"width: 37.0625px\">.4925<\/td>\n<td style=\"width: 37.0625px\">.4927<\/td>\n<td style=\"width: 37.0625px\">.4929<\/td>\n<td style=\"width: 37.0625px\">.4931<\/td>\n<td style=\"width: 37.0625px\">.4932<\/td>\n<td style=\"width: 37.0625px\">.4934<\/td>\n<td style=\"width: 41.0625px\">.4936<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">2.5<\/td>\n<td style=\"width: 37.0625px\">.4938<\/td>\n<td style=\"width: 37.0625px\">.4940<\/td>\n<td style=\"width: 37.0625px\">.4941<\/td>\n<td style=\"width: 37.0625px\">.4943<\/td>\n<td style=\"width: 37.0625px\">.4945<\/td>\n<td style=\"width: 37.0625px\">.4946<\/td>\n<td style=\"width: 37.0625px\">.4948<\/td>\n<td style=\"width: 37.0625px\">.4949<\/td>\n<td style=\"width: 37.0625px\">.4951<\/td>\n<td style=\"width: 41.0625px\">.4952<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">2.6<\/td>\n<td style=\"width: 37.0625px\">.4953<\/td>\n<td style=\"width: 37.0625px\">.4955<\/td>\n<td style=\"width: 37.0625px\">.4953<\/td>\n<td style=\"width: 37.0625px\">.4957<\/td>\n<td style=\"width: 37.0625px\">.4959<\/td>\n<td style=\"width: 37.0625px\">.4960<\/td>\n<td style=\"width: 37.0625px\">.4961<\/td>\n<td style=\"width: 37.0625px\">.4962<\/td>\n<td style=\"width: 37.0625px\">.4963<\/td>\n<td style=\"width: 41.0625px\">.4964<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">2.7<\/td>\n<td style=\"width: 37.0625px\">.4965<\/td>\n<td style=\"width: 37.0625px\">.4966<\/td>\n<td style=\"width: 37.0625px\">.4967<\/td>\n<td style=\"width: 37.0625px\">.4968<\/td>\n<td style=\"width: 37.0625px\">.4969<\/td>\n<td style=\"width: 37.0625px\">.4970<\/td>\n<td style=\"width: 37.0625px\">.4971<\/td>\n<td style=\"width: 37.0625px\">.4972<\/td>\n<td style=\"width: 37.0625px\">.4973<\/td>\n<td style=\"width: 41.0625px\">.4974<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">2.8<\/td>\n<td style=\"width: 37.0625px\">.4974<\/td>\n<td style=\"width: 37.0625px\">.4975<\/td>\n<td style=\"width: 37.0625px\">.4976<\/td>\n<td style=\"width: 37.0625px\">.4977<\/td>\n<td style=\"width: 37.0625px\">.4977<\/td>\n<td style=\"width: 37.0625px\">.4978<\/td>\n<td style=\"width: 37.0625px\">.4979<\/td>\n<td style=\"width: 37.0625px\">.4979<\/td>\n<td style=\"width: 37.0625px\">.4980<\/td>\n<td style=\"width: 41.0625px\">.4981<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">2.9<\/td>\n<td style=\"width: 37.0625px\">.4981<\/td>\n<td style=\"width: 37.0625px\">.4982<\/td>\n<td style=\"width: 37.0625px\">.4982<\/td>\n<td style=\"width: 37.0625px\">.4983<\/td>\n<td style=\"width: 37.0625px\">.4984<\/td>\n<td style=\"width: 37.0625px\">.4984<\/td>\n<td style=\"width: 37.0625px\">.4985<\/td>\n<td style=\"width: 37.0625px\">4985<\/td>\n<td style=\"width: 37.0625px\">.4986<\/td>\n<td style=\"width: 41.0625px\">.4986<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 21.0625px\">3.0<\/td>\n<td style=\"width: 37.0625px\">.4987<\/td>\n<td style=\"width: 37.0625px\">.4987<\/td>\n<td style=\"width: 37.0625px\">.4987<\/td>\n<td style=\"width: 37.0625px\">.4988<\/td>\n<td style=\"width: 37.0625px\">.4988<\/td>\n<td style=\"width: 37.0625px\">.4989<\/td>\n<td style=\"width: 37.0625px\">.4989<\/td>\n<td style=\"width: 37.0625px\">.4989<\/td>\n<td style=\"width: 37.0625px\">.4990<\/td>\n<td style=\"width: 41.0625px\">.4990<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><strong>.3<\/strong>\u00a0\u00a0<strong>THE STANDARD NORMAL DISTRIBUTION<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\">The <strong>standard normal distribution<\/strong> is a special case of the normal distribution. For the standard normal distribution, the value of the mean is equal to zero and the value of the standard deviation is equal to 1.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>STANDARD NORMAL DISTRIBUTION<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>The normal distribution with = 0 and \u00a0= 1 is called the standard normal distribution.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-163\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-73.png\" alt=\"\" width=\"676\" height=\"131\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-73.png 676w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-73-300x58.png 300w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-73-65x13.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-73-225x44.png 225w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-73-350x68.png 350w\" sizes=\"auto, (max-width: 676px) 100vw, 676px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\">Figure 4 displays the standard normal distribution curve. The random variable that possesses the standard normal distribution curve are denoted by <em>z<\/em> and are called the <strong><em>z values<\/em><\/strong> ro <strong><em>z scores.<\/em><\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-164\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-74.png\" alt=\"\" width=\"335\" height=\"124\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-74.png 335w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-74-300x111.png 300w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-74-65x24.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-74-225x83.png 225w\" sizes=\"auto, (max-width: 335px) 100vw, 335px\" \/><\/p>\n<p><strong>Fig. 4 <\/strong>the standard normal distribution curve 1The equation of the normal distribution is<\/p>\n<p>f(x) =5<\/p>\n<p style=\"text-align: justify\"><span style=\"text-align: initial;font-size: 1em\">where <\/span><em style=\"text-align: initial;font-size: 1em\">e<\/em><span style=\"text-align: initial;font-size: 1em\"> = 2.71825 and \u00a0= 3.14159 approximately; <\/span><em style=\"text-align: initial;font-size: 1em\">f(x),<\/em><span style=\"text-align: initial;font-size: 1em\"> called the probability density\u00a0<\/span><span style=\"text-align: initial;font-size: 1em\">function, gives the vertical distance between the horizontal axis and the curve at point <\/span><em style=\"text-align: initial;font-size: 1em\">x<\/em><span style=\"text-align: initial;font-size: 1em\">. For the information of those who are familiar with integral calculus, the definite integral of this equation from <\/span><em style=\"text-align: initial;font-size: 1em\">a<\/em><span style=\"text-align: initial;font-size: 1em\"> to <\/span><em style=\"text-align: initial;font-size: 1em\">b<\/em><span style=\"text-align: initial;font-size: 1em\"> gives the probability that <\/span><em style=\"text-align: initial;font-size: 1em\">x<\/em><span style=\"text-align: initial;font-size: 1em\"> assumes a value between <\/span><em style=\"text-align: initial;font-size: 1em\">a<\/em><span style=\"text-align: initial;font-size: 1em\"> and <\/span><em style=\"text-align: initial;font-size: 1em\">b<\/em><span style=\"text-align: initial;font-size: 1em\">.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\"><strong style=\"text-align: initial;font-size: 1em\">Z <\/strong><strong style=\"text-align: initial;font-size: 1em\">VALUES OF<\/strong><strong style=\"text-align: initial;font-size: 1em\"> Z <\/strong><strong style=\"text-align: initial;font-size: 1em\">SCORES<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\"><span style=\"text-align: initial;font-size: 1em\">The units marked on the horizontal axis of a standard normal curve are denoted by z and are called be z value or z scores. A specific value of z gives the distance between the mean and the point represented by z in terms of the standard deviation.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\"><span style=\"text-align: initial;font-size: 1em\">In Figure 4, the horizontal axis is labelled z. The z values on the right side of the mean are positive and those on the left side are negative. <\/span><em style=\"text-align: initial;font-size: 1em\">The z value for a point on the horizontal<\/em> <em style=\"text-align: initial;font-size: 1em\">axis gives the distance between the mean and that point in terms of the standard deviation<\/em><span style=\"text-align: initial;font-size: 1em\">. For example, a point with a value of z = 2 is two standard deviations to the right of the mean. Similarly, a point with a value of z = \u20132 is two standard deviations to the left of the mean.<\/span><\/p>\n<\/div>\n<div>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\">The standard normal distribution table, Table A lists the areas under the standard normal curve between z = 0 and the values of z from 0.00 to 3.09. To read the standard normal distribution table, we always start at z = o, which represents the mean of the standard normal distribution. We learned earlier that the total area under a normal distribution curve is 1.0. We also learned that, because of symmetry, the area on either side of the mean is 0.5. This is shown in Figure 5.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-165\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-75.png\" alt=\"\" width=\"283\" height=\"148\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-75.png 283w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-75-65x34.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-75-225x118.png 225w\" sizes=\"auto, (max-width: 283px) 100vw, 283px\" \/><\/p>\n<p style=\"text-align: center\"><strong>Fig.5<\/strong>\u00a0\u00a0\u00a0 Area under the standard normal curve.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\"><strong>NOTE: <\/strong>Although the values of z on the left side of the mean are negative, the area under the curve is always positive.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\">The area under the standard normal curve between any two points can be interpreted as the probability the z assumes a value within that interval. Following Examples in describe how to read Table A to find areas under the standard normal curve.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Example 1 :<\/strong>\u00a0 Find area under the standard normal curve between z = 0 and z = 1.95.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\"><strong>Solution : <\/strong>We divide the number 1.95 into two portions : 1.9 (the digit before the decimal and one digit after the decimal) and .05 (the second digit after the decimal). (Note that 1.9 +.05 = 1.95.) to find the required area under the standard normal curve, we locate 1.9 in the column for z on the left side of <strong>Table 1<\/strong>and 0.05 in the row for z at the top of <strong>Table A.<\/strong> The entry where the row for 1.9 and the column for .05 intersect gives the area under the standard\u00a0<span style=\"text-align: initial;font-size: 1em\">normal curve between z = 0 and z = 1.95. The relevant portion of Table A. is reproduced below as Table 1. From <\/span><strong style=\"text-align: initial;font-size: 1em\">Table1<\/strong><span style=\"text-align: initial;font-size: 1em\"> the entry where the row for 1.9 and the column for.05 cross is .4744. Consequently, the area under the standard normal curve between = z = 0 and z = 1.95 is .4744. This area is shown in Figure 6.19. (It is always helpful to sketch the curve and mark the area we are determining).<\/span><\/p>\n<\/div>\n<div>\n<p>&nbsp;<\/p>\n<p><strong>Table :1. <\/strong>Area Under the Standard Normal Curve Between <em>z<\/em> = 0 and <em>z<\/em> = 1.95<\/p>\n<table class=\"aligncenter\" style=\"width: 60%\">\n<tbody>\n<tr>\n<td style=\"width: 23.0625px\"><strong>Z<\/strong><\/td>\n<td style=\"width: 44.0625px\"><strong>.00<\/strong><\/td>\n<td style=\"width: 42.0625px\"><strong>.01<\/strong><\/td>\n<td style=\"width: 15.0625px\"><strong>\u2026<\/strong><\/td>\n<td style=\"width: 42.0625px\"><strong>.05<\/strong><\/td>\n<td style=\"width: 75.0625px\"><\/td>\n<td style=\"width: 15.0625px\"><strong>\u2026<\/strong><\/td>\n<td style=\"width: 43.0625px\"><strong>.09<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 23.0625px\">0.0<\/td>\n<td style=\"width: 44.0625px\">.0000<\/td>\n<td style=\"width: 42.0625px\">.0040<\/td>\n<td style=\"width: 15.0625px\">\u2026<\/td>\n<td style=\"width: 42.0625px\">.0199<\/td>\n<td style=\"width: 75.0625px\"><\/td>\n<td style=\"width: 15.0625px\">\u2026<\/td>\n<td style=\"width: 43.0625px\">.0359<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 23.0625px\">0.1<\/td>\n<td style=\"width: 44.0625px\">.0398<\/td>\n<td style=\"width: 42.0625px\">.0438<\/td>\n<td style=\"width: 15.0625px\">\u2026<\/td>\n<td style=\"width: 42.0625px\">.0596<\/td>\n<td style=\"width: 75.0625px\"><\/td>\n<td style=\"width: 15.0625px\">\u2026<\/td>\n<td style=\"width: 43.0625px\">.0753<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 23.0625px\">0.2<\/td>\n<td style=\"width: 44.0625px\">.0793<\/td>\n<td style=\"width: 42.0625px\">.0832<\/td>\n<td style=\"width: 15.0625px\">\u2026<\/td>\n<td style=\"width: 42.0625px\">.0987<\/td>\n<td style=\"width: 75.0625px\"><\/td>\n<td style=\"width: 15.0625px\">\u2026<\/td>\n<td style=\"width: 43.0625px\">.1141<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 23.0625px\">\u2026<\/td>\n<td style=\"width: 44.0625px\">\u2026<\/td>\n<td style=\"width: 42.0625px\">\u2026<\/td>\n<td style=\"width: 15.0625px\">\u2026<\/td>\n<td style=\"width: 42.0625px\">\u2026<\/td>\n<td style=\"width: 75.0625px\"><\/td>\n<td style=\"width: 15.0625px\">\u2026<\/td>\n<td style=\"width: 43.0625px\">\u2026<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 23.0625px\">\u2026<\/td>\n<td style=\"width: 44.0625px\">\u2026<\/td>\n<td style=\"width: 42.0625px\">\u2026<\/td>\n<td style=\"width: 15.0625px\">\u2026<\/td>\n<td style=\"width: 42.0625px\">\u2026<\/td>\n<td style=\"width: 75.0625px\"><\/td>\n<td style=\"width: 15.0625px\">\u2026<\/td>\n<td style=\"width: 43.0625px\">\u2026<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 23.0625px\">\u2026<\/td>\n<td style=\"width: 44.0625px\">\u2026<\/td>\n<td style=\"width: 42.0625px\">\u2026<\/td>\n<td style=\"width: 15.0625px\">\u2026<\/td>\n<td style=\"width: 42.0625px\">\u2026<\/td>\n<td style=\"width: 75.0625px\"><\/td>\n<td style=\"width: 15.0625px\">\u2026<\/td>\n<td style=\"width: 43.0625px\">\u2026<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 23.0625px\">1.9<\/td>\n<td style=\"width: 44.0625px\">.4713<\/td>\n<td style=\"width: 42.0625px\">.4719<\/td>\n<td style=\"width: 15.0625px\">\u2026<\/td>\n<td style=\"width: 42.0625px\">.4744<\/td>\n<td style=\"width: 75.0625px\"><\/td>\n<td style=\"width: 15.0625px\">\u2026<\/td>\n<td style=\"width: 43.0625px\">.4767<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 23.0625px\"><\/td>\n<td style=\"width: 44.0625px\"><\/td>\n<td style=\"width: 42.0625px\"><\/td>\n<td style=\"width: 15.0625px\"><\/td>\n<td style=\"width: 42.0625px\"><\/td>\n<td style=\"width: 75.0625px\"><\/td>\n<td style=\"width: 15.0625px\"><\/td>\n<td style=\"width: 43.0625px\"><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 23.0625px\">..<\/td>\n<td style=\"width: 44.0625px\">..<\/td>\n<td style=\"width: 42.0625px\">..<\/td>\n<td style=\"width: 15.0625px\">\u2026<\/td>\n<td style=\"width: 42.0625px\">..<\/td>\n<td style=\"width: 75.0625px\"><\/td>\n<td style=\"width: 15.0625px\">\u2026<\/td>\n<td style=\"width: 43.0625px\">\u2026<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 23.0625px\">..<\/td>\n<td style=\"width: 44.0625px\">..<\/td>\n<td style=\"width: 42.0625px\">..<\/td>\n<td style=\"width: 15.0625px\">\u2026<\/td>\n<td style=\"width: 42.0625px\">..<\/td>\n<td style=\"width: 75.0625px\"><\/td>\n<td style=\"width: 15.0625px\">\u2026<\/td>\n<td style=\"width: 43.0625px\">\u2026<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 23.0625px\">..<\/td>\n<td style=\"width: 44.0625px\">..<\/td>\n<td style=\"width: 42.0625px\">..<\/td>\n<td style=\"width: 15.0625px\">\u2026<\/td>\n<td style=\"width: 42.0625px\">..<\/td>\n<td style=\"width: 75.0625px\"><\/td>\n<td style=\"width: 15.0625px\">\u2026<\/td>\n<td style=\"width: 43.0625px\">\u2026<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 23.0625px\">3.0<\/td>\n<td style=\"width: 44.0625px\">.4987<\/td>\n<td style=\"width: 42.0625px\">.4987<\/td>\n<td style=\"width: 15.0625px\">\u2026<\/td>\n<td style=\"width: 42.0625px\">.4989<\/td>\n<td style=\"width: 75.0625px\"><\/td>\n<td style=\"width: 15.0625px\">\u2026<\/td>\n<td style=\"width: 43.0625px\">.4990<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 23.0625px\"><\/td>\n<td style=\"width: 44.0625px\"><\/td>\n<td style=\"width: 42.0625px\"><\/td>\n<td style=\"width: 15.0625px\"><\/td>\n<td style=\"width: 42.0625px\"><\/td>\n<td style=\"width: 75.0625px\">Required area<\/td>\n<td style=\"width: 15.0625px\"><\/td>\n<td style=\"width: 43.0625px\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-166\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-76.png\" alt=\"\" width=\"299\" height=\"162\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-76.png 299w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-76-65x35.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-76-225x122.png 225w\" sizes=\"auto, (max-width: 299px) 100vw, 299px\" \/><\/p>\n<p style=\"text-align: center\"><strong>Fig. 6 <\/strong>Area between <em>z<\/em> = 0 and <em>z<\/em> = 1.95<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\">The area between <em>z<\/em> = 0 and <em>z<\/em> = 1.95 can be interpreted as the probability that <em>z<\/em> assumes a value between 0 and 1.95. That is,<\/p>\n<p>&nbsp;<\/p>\n<p>Area between 0 and 1.95 = <em>P(0 &lt; z &lt; 1.95) =<\/em> <strong><em>.4744<\/em><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>the probability that a continuous random variable assumes a single value in zero. Therefore,<\/p>\n<p>&nbsp;<\/p>\n<p><em>P(z = 0) = 0\u00a0 and<\/em>\u00a0\u00a0\u00a0 <em>P(z = 1.95) = 0<\/em><\/p>\n<p>&nbsp;<\/p>\n<p>Hence<\/p>\n<p>&nbsp;<\/p>\n<p><em>P(0 &lt; z &lt; 1.95) = P(0 &lt; z &lt; 1.95) = .4744<\/em><\/p>\n<p>&nbsp;<\/p>\n<p><em style=\"text-align: initial;font-size: 1em\">Finding area between a negative z and z = 0.<\/em><\/p>\n<\/div>\n<div>\n<p>&nbsp;<\/p>\n<p><strong>Example 2 : <\/strong>Find the area under the standard normal curve from <em>z<\/em> = \u20132.17 to <em>z<\/em> = 0.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\"><strong style=\"text-align: initial;font-size: 1em\">Solution : <\/strong><span style=\"text-align: initial;font-size: 1em\">Because the normal distribution is symmetric about the mean, the area from <\/span><em style=\"text-align: initial;font-size: 1em\">z<\/em><span style=\"text-align: initial;font-size: 1em\"> = \u20132.17 to <\/span><em style=\"text-align: initial;font-size: 1em\">z<\/em><span style=\"text-align: initial;font-size: 1em\"> = 0 is the same as the area from <\/span><em style=\"text-align: initial;font-size: 1em\">z =<\/em><span style=\"text-align: initial;font-size: 1em\"> 0 to <\/span><em style=\"text-align: initial;font-size: 1em\">z<\/em><span style=\"text-align: initial;font-size: 1em\"> = 2.17, as shown in Figure 7.<\/span><\/p>\n<\/div>\n<div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-167\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-77.png\" alt=\"\" width=\"257\" height=\"127\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-77.png 257w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-77-65x32.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-77-225x111.png 225w\" sizes=\"auto, (max-width: 257px) 100vw, 257px\" \/><\/p>\n<p style=\"text-align: center\"><strong>Figure : 7<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\">To find the area from <em>z<\/em> = \u20132.17 to <em>z<\/em> = 0, we look for the area from <em>z =<\/em> 0 to <em>z<\/em> = 2.17 in the standard normal distribution table (Table A).<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\">To do so, First we locate 2.1 in the column for z in that table. Then we read the number at the intersection of the row for 2.1 and the column for 0.7. The relevant portion of the table A is produced below as Table: 2. As shown in Table : 2 and fig 8 ,this number is .4850<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Table : 2 <\/strong>Area Under the Standard Normal Curve Between <em>z<\/em> = 0 and <em>z<\/em> = 2.17<\/p>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-168\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-78.png\" alt=\"\" width=\"698\" height=\"370\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-78.png 698w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-78-300x159.png 300w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-78-65x34.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-78-225x119.png 225w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-78-350x186.png 350w\" sizes=\"auto, (max-width: 698px) 100vw, 698px\" \/><\/p>\n<div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-169\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-79.png\" alt=\"\" width=\"296\" height=\"120\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-79.png 296w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-79-65x26.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-79-225x91.png 225w\" sizes=\"auto, (max-width: 296px) 100vw, 296px\" \/><\/p>\n<p style=\"text-align: center\">Fig 8\u00a0\u00a0\u00a0 Area from Z= -2.17 to Z= 0<\/p>\n<p>&nbsp;<\/p>\n<p>Area from Z= -2.17 to Z= 0<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\">The area from z = -2.17 to z = 0 gives the probability that z lies in the interval &#8211; 2.17 to 0. That is,<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\">Area from -2.17 to 0 = P(-2.17 \u2264 z \u2264 0) = <strong>.4850<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Example 4 : <\/strong>Find the following areas under the standard normal curve.<\/p>\n<p>&nbsp;<\/p>\n<p>(a)\u00a0\u00a0\u00a0\u00a0\u00a0 Area to the right of z = 2.32<\/p>\n<p>&nbsp;<\/p>\n<p>(b)\u00a0\u00a0 Area to the left of z =-1.54<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Solution<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\">(a)\u00a0\u00a0\u00a0 As mentioned earlier, to read the normal distribution table we must start with z = 0. To find the area to the right of z = 2.32, first we find the area between z = 0 and z = 2.32. Then we subtract this area from .5, which is the total area to the right of z = 0. From Table A, the area between z = 0 and z = 2.32 is .4898. Consequently the required area is .5 &#8211; .4898 = .0102, a shown in figure&#8212;-<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-170\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-80.png\" alt=\"\" width=\"351\" height=\"116\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-80.png 351w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-80-300x99.png 300w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-80-65x21.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-80-225x74.png 225w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-80-350x116.png 350w\" sizes=\"auto, (max-width: 351px) 100vw, 351px\" \/><\/p>\n<p style=\"text-align: center\">Figure 9 Area to the right of z =2.32<\/p>\n<p>&nbsp;<\/p>\n<p>The area to the right of z= 2.32 gives the probability that z is greater than 2.32 Thus,<\/p>\n<p>&nbsp;<\/p>\n<p>Area to the right of 2.32 = P(z &gt; 2.32) =.5 -.4898 =.0102<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\">(b)\u00a0\u00a0 To find the area under the standard normal curve to the left of z = &#8211; 1.54, first we find the area between z = -1.54 and z = 0 and then we subtract this area from .5, which is the total area to the left of z = 0. From Table A, the area between z = &#8211; 1.54 and z = 0 is .4382. Hence, the required area is .5 &#8211; .4382 = .0618. This area is shown in figure<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-171\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-81.png\" alt=\"\" width=\"352\" height=\"136\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-81.png 352w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-81-300x116.png 300w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-81-65x25.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-81-225x87.png 225w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-81-350x135.png 350w\" sizes=\"auto, (max-width: 352px) 100vw, 352px\" \/><\/p>\n<p style=\"text-align: center\">Fig: 10 The area to the left of z =\u00a0 &#8211; 1.54<\/p>\n<p>&nbsp;<\/p>\n<p>The area to the left of z = &#8211; 1.54 gives the probability that z is less than &#8211; 1.54. Thus,<\/p>\n<p>Area to the left of -1.54 =\u00a0 P (z &lt; &#8211; 1.54) = .5 &#8211; .4382 = .0618<\/p>\n<\/div>\n<div>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\"><strong>Example 5: <\/strong>Suppose the training- programme director wants to know the probability that a participant chosen at random would need between 550 to 650 hours to complete the required work.Mean is 500 and standard distribution is 100.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Solution : <\/strong>This probability is represented by shaded area in the fig.11.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Step :1<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-173\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-83.png\" alt=\"\" width=\"497\" height=\"287\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-83.png 497w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-83-300x173.png 300w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-83-65x38.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-83-225x130.png 225w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-83-350x202.png 350w\" sizes=\"auto, (max-width: 497px) 100vw, 497px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\">We look up at z = 1.5 in Normal probability distribution table and find the corresponding probability value as 0.4332 i.e. p(z) = 0.4332<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Step : 11 :<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Now Calculate value of Z when X = 550.<\/p>\n<p>Z =\u00a0 \u00a0 \u00a0 =\u00a0 \u00a0 0.5<\/p>\n<p style=\"text-align: justify\">Again we look up at Z = 0.5 is Normal Probability distribution table and find the corresponding probability value as 0.1915 i.e. p(z) = 0.1915.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Step : 111 :<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Now to find the final answer that is the chance that random variable will fall between the 650 and 550 hrs. is:<\/p>\n<p>&nbsp;<\/p>\n<p><em>P<\/em>(random variable will lie between 650 \u2013 500 hrs.) = 0.4332<\/p>\n<p>&nbsp;<\/p>\n<p>\u2013<em>P<\/em>(random variable will lie between 550 \u2013 500 hrs.) = 0.1915<\/p>\n<p>&nbsp;<\/p>\n<p>=<em>P<\/em>(random variable lies in shaded area that is between 550 \u2013 650) = 0.2417<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\"><strong>Example 6:<\/strong> An aptitude Test was conducted on 900 employee of the metro tyres limited. In which the mean score was found to be 50 with s.d = 20 on the basis of this information what was the.<\/p>\n<p>&nbsp;<\/p>\n<p>(a)\u00a0 No. of employee chose mean score was less than 30.<\/p>\n<p>&nbsp;<\/p>\n<p>(b) No. of employees whose mean score exceeds 70.<\/p>\n<p>&nbsp;<\/p>\n<p>(c) No. of employees whose mean score b\/w 30 &amp; 70.<\/p>\n<\/div>\n<div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-174\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-84.png\" alt=\"\" width=\"501\" height=\"407\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-84.png 501w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-84-300x244.png 300w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-84-65x53.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-84-225x183.png 225w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-84-350x284.png 350w\" sizes=\"auto, (max-width: 501px) 100vw, 501px\" \/><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-175\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-85.png\" alt=\"\" width=\"369\" height=\"368\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-85.png 369w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-85-150x150.png 150w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-85-300x300.png 300w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-85-65x65.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-85-225x224.png 225w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-85-350x349.png 350w\" sizes=\"auto, (max-width: 369px) 100vw, 369px\" \/><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-176\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-86.png\" alt=\"\" width=\"351\" height=\"252\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-86.png 351w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-86-300x215.png 300w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-86-65x47.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-86-225x162.png 225w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-86-350x251.png 350w\" sizes=\"auto, (max-width: 351px) 100vw, 351px\" \/><\/p>\n<p><em>P (\u20131 &lt; z &lt; 0) +P (0 &lt; z &lt; 1)<\/em><\/p>\n<p style=\"text-align: center\">= <em>3413 + 0.3413<\/em><\/p>\n<p style=\"text-align: center\">= <em>6826<\/em><\/p>\n<p style=\"text-align: center\">&gt; 70 = 900 x 0.1587<\/p>\n<p style=\"text-align: center\">143<\/p>\n<p style=\"text-align: center\">the no. of employees whose mean score was<\/p>\n<p style=\"text-align: center\">&lt; 30<\/p>\n<p style=\"text-align: center\">= 900 x 0.1587 143<\/p>\n<p style=\"text-align: center\">No. of employees whose mean score b\/w 30 &amp; 70.<\/p>\n<p style=\"text-align: center\">0.6826 x900 = 614.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Example 7:<\/strong>\u00a0\u00a0\u00a0\u00a0\u00a0 In a normal distribution 7% of the items are under 35 &amp; 89% are under 63. What are the mean &amp; S.d. of the distribution.<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"text-align: initial;font-size: 1em\">Solution :\u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n<p><span style=\"text-align: initial;font-size: 1em\"> P (X &lt; 35) = 0.07&#8212;&#8212;&#8212;&#8212;[1] <\/span><\/p>\n<p><span style=\"text-align: initial;font-size: 1em\">P(X &lt; 63) = 0.89<\/span><span style=\"text-align: initial;font-size: 1em\">&#8212;&#8212;&#8212;&#8212;[2]<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"text-align: initial;font-size: 1em\">For X = 35\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Z =\u00a0<\/span><span style=\"text-align: initial;font-size: 1em\">= \u2013Z2 (say)<\/span><\/p>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-178\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-88.png\" alt=\"\" width=\"483\" height=\"264\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-88.png 483w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-88-300x164.png 300w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-88-65x36.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-88-225x123.png 225w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-88-350x191.png 350w\" sizes=\"auto, (max-width: 483px) 100vw, 483px\" \/><\/p>\n<div>\n<p>&nbsp;<\/p>\n<p>Using the given probability in [1] &amp; [2] and<\/p>\n<p>&nbsp;<\/p>\n<p>P(Z &lt; Z2) = 0.07<\/p>\n<p>&nbsp;<\/p>\n<p>P(\u2013Z2 &lt; Z &lt; 0) = 0.5 \u2013 0.47<\/p>\n<p>&nbsp;<\/p>\n<p>we can see that P(0 &lt; Z &lt; Z2) = 0.43<\/p>\n<p>&nbsp;<\/p>\n<p>&amp;\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 P(O &lt; Z &lt; Z1) = 0.39<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-179\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-89.png\" alt=\"\" width=\"529\" height=\"244\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-89.png 529w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-89-300x138.png 300w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-89-65x30.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-89-225x104.png 225w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-89-350x161.png 350w\" sizes=\"auto, (max-width: 529px) 100vw, 529px\" \/><\/p>\n<p>(35 \u2013 ) x 123 = (63 \u2013 ) x (\u2013148)<\/p>\n<p>&nbsp;<\/p>\n<p>4925 \u2013 123\u00a0\u00a0\u00a0 = \u20139324 + 148<\/p>\n<p>&nbsp;<\/p>\n<p>4925 + 9325 = (148 + 123)<\/p>\n<p>&nbsp;<\/p>\n<p>13619 = 271<\/p>\n<p>&nbsp;<\/p>\n<p>=\u00a0 = 50.25<\/p>\n<p>&nbsp;<\/p>\n<p>~ 50.3<\/p>\n<p>&nbsp;<\/p>\n<p>Put the above value in eqn [3]. We get<\/p>\n<p>&nbsp;<\/p>\n<p>= \u20131.48<\/p>\n<p>&nbsp;<\/p>\n<p>= \u20131.48<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\"><strong>Example 8:\u00a0\u00a0 <\/strong>Of a large group of man, 5% are under 60 inches in height &amp; 40% are between 60 &amp; 65 inches. Assuming a normal distribution, find the mean height &amp; standard\u00a0<span style=\"text-align: initial;text-indent: 1em;font-size: 1em\">Here both point lie to the left of mean so the corresponding value will be negative when<\/span><\/p>\n<\/div>\n<div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-180\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-90.png\" alt=\"\" width=\"562\" height=\"448\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-90.png 562w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-90-300x239.png 300w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-90-65x52.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-90-225x179.png 225w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-90-350x279.png 350w\" sizes=\"auto, (max-width: 562px) 100vw, 562px\" \/><\/p>\n<p>From Table-<\/p>\n<p>&nbsp;<\/p>\n<p>P (0 &lt; Z &lt; Z1) = 0.45 = P(0 &lt; Z &lt; 1.645) &amp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>[5] &amp; [6]\u00a0\u00a0 we get<\/p>\n<p>&nbsp;<\/p>\n<p>(60 \u2013 ) 0.13 = (65 \u2013 ) 1.645<\/p>\n<p>&nbsp;<\/p>\n<p>7.8 \u2013 0.13 \u00a0\u2013 1.645<\/p>\n<p>&nbsp;<\/p>\n<p>78 \u2013 106.925 = 0.13 \u2013 1.645<\/p>\n<p>&nbsp;<\/p>\n<p>99.125 = 1.515<\/p>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-181 alignleft\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-91.png\" alt=\"\" width=\"370\" height=\"157\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-91.png 370w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-91-300x127.png 300w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-91-65x28.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-91-225x95.png 225w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-91-350x149.png 350w\" sizes=\"auto, (max-width: 370px) 100vw, 370px\" \/><\/p>\n<div>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Example 9: <\/strong>A random variate X is Normally distributed with mean 12 * s.d. \u00a0= 2 find prob.<\/p>\n<p>&nbsp;<\/p>\n<p>P(9.3 &lt; x &lt; 13.8) given that \u00a0= 0.9, A = 0.3159 &amp; \u00a0= 1.2, A = 0.3849.<\/p>\n<p>&nbsp;<\/p>\n<p>Solution :\u00a0 \u00a0P (9.6 &lt; X &lt; 13.8)<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-182\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-92.png\" alt=\"\" width=\"250\" height=\"179\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-92.png 250w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-92-65x47.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-92-225x161.png 225w\" sizes=\"auto, (max-width: 250px) 100vw, 250px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-183\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-93.png\" alt=\"\" width=\"281\" height=\"238\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-93.png 281w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-93-65x55.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-93-225x191.png 225w\" sizes=\"auto, (max-width: 281px) 100vw, 281px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Example 10: <\/strong>If skulls are classified as A,B,C according as the length- breadth index as under 75, between 75 &amp; 80, or over 80, find approx. (assuming that dist is normal) the mean &amp; Standard .deviation of a series in which A are 58%, B are 38% &amp; C are 4% being given that.<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-184\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-94.png\" alt=\"\" width=\"286\" height=\"66\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-94.png 286w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-94-65x15.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-94-225x52.png 225w\" sizes=\"auto, (max-width: 286px) 100vw, 286px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\"><strong>Solution : <\/strong>Let M be the mean &amp; \u00a0be the S.d. according to the given condition. area between t =0 &amp; t = 0.20 is 0.08 so that the area to the left is 0.5 + 0.08<\/p>\n<p>&nbsp;<\/p>\n<p>Which corresponds to X = 75<\/p>\n<\/div>\n<div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-185\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-95.png\" alt=\"\" width=\"592\" height=\"402\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-95.png 592w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-95-300x204.png 300w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-95-65x44.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-95-225x153.png 225w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-95-350x238.png 350w\" sizes=\"auto, (max-width: 592px) 100vw, 592px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-186\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-96.png\" alt=\"\" width=\"183\" height=\"251\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-96.png 183w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-96-65x89.png 65w\" sizes=\"auto, (max-width: 183px) 100vw, 183px\" \/><\/p>\n<p style=\"text-align: justify\"><strong>Example 11: <\/strong>In a normal distribution, 31% of the items are under 45 &amp; 8% over 64. Find the mean &amp; standard deviation of the distribution.<\/p>\n<\/div>\n<div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-187\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-97.png\" alt=\"\" width=\"665\" height=\"179\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-97.png 665w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-97-300x81.png 300w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-97-65x17.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-97-225x61.png 225w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-97-350x94.png 350w\" sizes=\"auto, (max-width: 665px) 100vw, 665px\" \/><\/p>\n<\/div>\n<div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-188\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-98.png\" alt=\"\" width=\"673\" height=\"491\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-98.png 673w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-98-300x219.png 300w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-98-65x47.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-98-225x164.png 225w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-98-350x255.png 350w\" sizes=\"auto, (max-width: 673px) 100vw, 673px\" \/><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-189\" src=\"http:\/\/mgmtp15.epgpbooks.inflibnet.ac.in\/wp-content\/uploads\/sites\/81\/2018\/10\/2-99.png\" alt=\"\" width=\"510\" height=\"393\" srcset=\"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-99.png 510w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-99-300x231.png 300w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-99-65x50.png 65w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-99-225x173.png 225w, https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-content\/uploads\/sites\/81\/2018\/10\/2-99-350x270.png 350w\" sizes=\"auto, (max-width: 510px) 100vw, 510px\" \/><\/p>\n<\/div>\n<p>&nbsp;<\/p>\n<p><strong>Summary<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\">The standard normal distribution is a special case of normal distribution.For the standard normal distribution the value of mean is equal to zero and the value of standard deviation is equal to 1.The Z values or Z scores which is known as standard units or standard scores. They represent random variable that possesses the standard normal distribution. To see the tabular values for finding area under the curve has been explained here.Different problems are taken into consideration and their solutions are also given.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center\"><strong>Learn More:<\/strong><\/p>\n<ol>\n<li>\u2018Fundamentals of Mathematical Statistics\u2019, S.C. Gupta &amp; V.K. Kapoor Public, Sultan Chand &amp; sons, New Delhi.<\/li>\n<li>\u2018Solution and\u00a0 Problems\u00a0 on\u00a0 Mathematical\u00a0 Statistics\u2019,\u00a0 Dr.\u00a0 B.D.\u00a0 Gupta,\u00a0 Publ.,\u00a0 CBS Publishers &amp; Distributors.<\/li>\n<li>\u2018Probability &amp; Statistics for Engineers\u2019, Miller &amp; Freund &amp; Richard A. Johnson, Pearson Edition.<\/li>\n<li>\u2018Modern Probability theory and its applications,\u2019 E-Porzen, Wiley, New York.<\/li>\n<li>\u2018Theory of Statistics\u2019 Schervish Mark J., New York, Springer.<\/li>\n<li>\u2018Theory and problems of Probability and statistics, Murray R.Spiegel, John J. Schiller R. Alu Arinivasan, Tata Mc Graw \u2013 Hill Publishing company limited.<\/li>\n<li>\u201cIntroductory Statistics\u201d (second edition), Prem S.Mann, Publ. John Wiley &amp; Sons, INC,(1995).<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"author":3,"menu_order":16,"template":"","meta":{"pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":["dr-nidhi-handa"],"pb_section_license":""},"chapter-type":[],"contributor":[62],"license":[],"class_list":["post-157","chapter","type-chapter","status-publish","hentry","contributor-dr-nidhi-handa"],"part":3,"_links":{"self":[{"href":"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-json\/pressbooks\/v2\/chapters\/157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-json\/wp\/v2\/users\/3"}],"version-history":[{"count":4,"href":"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-json\/pressbooks\/v2\/chapters\/157\/revisions"}],"predecessor-version":[{"id":191,"href":"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-json\/pressbooks\/v2\/chapters\/157\/revisions\/191"}],"part":[{"href":"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-json\/pressbooks\/v2\/parts\/3"}],"metadata":[{"href":"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-json\/pressbooks\/v2\/chapters\/157\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-json\/wp\/v2\/media?parent=157"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-json\/pressbooks\/v2\/chapter-type?post=157"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-json\/wp\/v2\/contributor?post=157"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/ebooks.inflibnet.ac.in\/mgmtp15\/wp-json\/wp\/v2\/license?post=157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}