Given a normal distribution with a standard deviation of 14, what is the mean if 40% of the values are below 60?
We have that
"\\sigma = 14"
"P(X<60)=0.4"
"P(X<60)=P(Z<\\frac{60 - \\mu}{\\sigma})=0.4"
Z-value of –0.25 corresponds to 40% of the area under the curve.
Then
"\\frac{60-\\mu}{\\sigma}=-0.25 \\implies \\mu=60+0.25\\cdot\\sigma=60+0.25\\cdot14=63.5"
Answer: the mean is 63.5
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