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Problem

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Textbook Expert
Textbook ExpertVerified Tutor
10 Nov 2021

Given information

Mean  

standard deviation 

Step-by-step explanation

Step 1.

Given top 2% is the area of on the right .

that is  

           

The corresponding Z score so that the cumulative standard normal probability distribution is equal to

Hence using the Z score formula,  

                                                   

                                                   

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