Question

What is the probability value for 0.03 in the standard normal z table?

1) 0.512
2) 0.5125
3) 0.513
4) 0.5135

Answer 1

The probability value for 0.03 in the standard normal z table can be found by calculating the z-score and looking it up in the z-table.

Step-by-step explanation:

The probability value for 0.03 in the standard normal z table can be found by calculating the z-score and looking it up in the z-table. The z-score for 0.03 can be calculated by subtracting the mean from 0.03 and dividing it by the standard deviation. Once the z-score is calculated, the z-table can be used to find the corresponding probability value.

For example, if the z-score is found to be 1.96, the probability value in the z-table would be 0.47500. Since we want the probability to the right tail of the critical value of 1.96, we subtract 0.47500 from 0.5 to get 0.025. This means that the probability value for 0.03 in the standard normal z table is approximately 0.025.