SOLUTION: X is normally distributed with mean 250 and standard deviation 40. What value of X does only the top 15% exceed?
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-> SOLUTION: X is normally distributed with mean 250 and standard deviation 40. What value of X does only the top 15% exceed?
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X is normally distributed with mean 250 and standard deviation 40. What value of X does only the top 15% exceed?
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A:
Enter the formula =normsinv(1-.15)*40+250 into an Excel spreadsheet.
The answer is .