Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
Statistics help. Can anyone walk me through this step by step?
In 2005 national league baseball players earned an average salary of $2,585,684 with a standard deviation of 3, 500,708. Assuming that these data are normally distributed what was the salary of a player in the 64th percentile?
A note on what to use in excel would be cool too.
1 Answer
- 8 years ago
You need to find the z score for the 64th percentile. Using either charts or TI calculator InvNorm
Using the TI Calculator 2nd Vars #3 InvNorm(.64) = .358
2,585,684 + .358(3,500,708)=3,838,937.46
