Video Transcript
Suppose π is a standard normal
random variable. Given the probability π is less
than or equal to π equals 0.9922, find the value of π.
Weβre told that π is a standard
normal random variable, so it has a normal distribution with a mean of zero and a
standard deviation of one. Weβre given that the probability
that π is less than equal to some unknown value π is 0.9922. We can visualize this probability
as the area to the left of the value of π under the standard normal curve. As this probability is greater than
0.5, we know that π is positive, as the area either side of the mean under the
standard normal curve is equal to 0.5.
Using the symmetry of the normal
distribution, we can separate this probability of 0.9922 into two probabilities: a
probability of 0.5, which is represented by the area to the left of the mean of
zero, and a probability of 0.4922, thatβs 0.9922 minus 0.5, which is represented by
the area to the right of the mean between zero and π. In other words, the probability
that π is greater than or equal to zero and less than or equal to π is 0.4922.
And this is great because this
probability is in the correct format for us to use our statistical tables. The type of tables weβre using here
give the probability that the standard normal random variable π is between zero and
some positive value lowercase π§. And you may also have a calculator
which has the functionality to give you these values. Weβre essentially using these
tables in reverse. We find the value 0.4922 in the
table. And we then see that it is
associated with a π-score of 2.42.
So, by separating this probability
into a probability for the area to the left of the mean and a probability for the
area to the right of the mean, we found that the value of π is 2.42.