SOLUTION: suppose z has a standard normal distribution. Find: (a) P(Z<1.64) (b) The value of Z so that 5% of the area lies below it

Question 1072803: suppose z has a standard normal distribution. Find:
(a) P(Z<1.64)
(b) The value of Z so that 5% of the area lies below it
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
Use the normal distribution table or NORMSDIST in EXCEL to find the probability values.

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Use the normal distribution table or NORMSINV in EXCEL to find the z value which has the probability of 0.05.

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