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Using EXCEL for Standard Normal Distribution Probabilities

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Please see the attached file for the full problem description.

Let Z be a standard normal random variable. Use a calculator to determine the value of c such that:

P (c <= Z <= 1.24) = 0.8533

Carry your intermediate computations to at least four decimal places. Round your answer to at least two decimal places.

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Solution Summary

This solution shows how to use EXCEL when working with a standard normal probability distribution. You can use EXCEL functions the same way you would use calculator functions when working with a standard normal probability distribution, eliminating the need to use the Z tables. Attached to this solution is a Word document which contains the solution.

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