SOLUTION: The age of employees (in years) in a particular industry has a normal distribution with mean of 38 and standard deviation of 5.9. Only 2% of employees are younger than what age?
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Question 852935: The age of employees (in years) in a particular industry has a normal distribution with mean of 38 and standard deviation of 5.9. Only 2% of employees are younger than what age?
Hi,
2% ⇒ z = NORMSINV(.02) = Z = -2.0538
mean of 38 and standard deviation of 5.9.
-2.0538 = (X-38)/5.9 = 25.88 0r 26 rounded Up
2% of employees are younger than 26