Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › percentage probability
- This topic has 3 replies, 2 voices, and was last updated 3 years ago by John Moffat.
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- April 9, 2021 at 4:42 am #616506
Sir, can you help me with this taks?The results of an accountancy exam are normally distributed with a mean score of 58 and a standard deviation of 10.What is the percentage probability that a student will score more than 80 (to 2 decimal places)?
The answer is 1.39%, but i cant reach to it. My result is 0.4861 or 48.61%
Thanks,April 9, 2021 at 8:09 am #616544You have calculated the probability of the score being between 80 and the mean of 58.
However the question asks for the probability of the score being more than 80.
The probability of being more than 58 is 50% (because it is symmetrical) and so if the probability of being between 58 and 80 is 48.61%, then the probability of being more than 80 is 50% – 48.61% = 1.39%Have you watched my free lectures on this? The lectures are a complete free course for Paper MA and cover everything needed to be able to pass the exam well.
April 10, 2021 at 6:49 am #616611Many thanks for your help. The lecture is really useful!
April 10, 2021 at 7:38 am #616620You are welcome 🙂
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