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Probability
When several outcomes are possible, this is the likelihood of any particular outcome expressed in terms of a fraction or proportion
Formula for probability of A
Number of outcomes classified as A/divided by the total number of outcomes.
Requirements for random sampling
Every individual in the population has an equal chance of being selected
When more than one individual is being selected, the probabilities must stay constant. This means there must be sampling with replacement.
Step 1 of probablity question
restate the question in probability notation
Step 2 of probablity question
translate into a proportion question
Step 3 of probablity question
determine on the normal distribution what we are interested in finding
Step 4 of probability question
identify the exact position of X by computing a z-score
Step 5 of probability question
express our proportion in terms of a z-score
Percentage of 1 standard deviation away from the mean for a normal distribution
34.13% of the data falls within this range on a normal distribution.
Percentage of 2 standard deviation away from the mean for a normal distribution
13.59% of the data falls within this range on a normal distribution
Percentage of 3 standard deviation away from the mean for a normal distribution
2.28% of the data falls within this range on a normal distribution