For normally distributed data, what proportion of observations have a z-score less than 2.74.
Given: P(z<2.74), normal distribution
z-tables have z-scores listed and their corresponding probabilities. The probability is the area under the curve from 0 to the probability value. The proportion of observations have a z-score less than 2.74 from the z- tables is:
P(z<2.74) = 0.9969
This means 99.69% observations have a z-score less than 2.74.
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