00:01
We are looking at a normal distribution.
00:03
Let's start by drawing it.
00:05
The total area under this curve is 100%, and it is symmetric.
00:12
The mean is 12 ,500.
00:16
The standard deviation, 1 ,340.
00:20
Our first step is to find the probability a vehicle has driven more than 15 ,000.
00:26
Okay, so that's above the mean.
00:28
So we mark it on here.
00:30
We want this area up and all we can do is use the standard normal table.
00:35
So you do need something with the normal distribution built into it.
00:38
And they want us to use a table, so we'll do that.
00:41
We need the z score to put into that table.
00:44
A z score tells you how many standard deviations away from the mean a value is.
00:49
You find it by taking your value, subtracting the mean, dividing by the standard deviation.
00:56
So 15 ,000 minus 12 ,500, divide by 1 ,340, is 1 .87 to 2 decimal places.
01:05
If you look at the standard table, you have z scores on the rows and columns, areas in the middle.
01:11
But if we look for 1 .87, so you look for 1 .8, 0 .07, this isn't the area we're looking for.
01:18
The standard table gives you the area between z and 0, which is the mean of the standard normal curve.
01:25
So it gives me this area.
01:28
That's not what i want, but i know the normal curve is symmetric.
01:31
So the total area above the mean is 0 .5.
01:35
So i go from 0 .5, and i will subtract this area...