Hey friends,
I have been busting my you know what, to figure out this normal probability thing.
Take for instance I have to find this out: P(Z <= 2.468) where Z ~ N(0,1)
So I used the table at the back of my book...
I look for the 2.4 in the ''y axis of the table". Good - I found that.
Then, I try to find the 6 in the top row of the table. These two lines intersect to give me 0.9931
Now, I try to find the 8 in the ADD portion. So I get 2 on the 2.4 line.
So I did what my textbook told me to do: 0.9931 + 2 X 10^-8
I am still getting 0.9931 to 4 d.p but the back of the book answer is: 0.9933
What on Earth is going on here guys. I am doing everything my textbook is telling me to do yet I keep getting the answer wrong.
Thanks for your help guys.
The help you guys give me is priceless.
Thanks again.