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A set of homework problems for math 102 and core 143 students. The problems involve identifying errors in a formula used to convert data into standard units, calculating the standard deviation of iq scores based on a given percentage, and determining percentiles and sales levels for a normal distribution of weekly cd sales.
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Math 102 & Core 143
Note: All data below is ficticious.
You have list of 1000 data that have been entered into Excel. You then enter a formula to convert these into standard units. You notice that the first 10 values for the conversion are:
2 , 2. 3 , 4. 5 , −. 3 , −. 8 , − 6. 1 , 5. 5 ,. 2 , 1. 1 , 4. 7.
You immediately check your formula and discover a mistake. How did you catch it so quickly?
a) What percentage of weeks have sales of more than $1850?
b) What sales level corresponds to the 29th^ percentile?