MICHAEL S. answered 10/05/16
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NOTE: I used the Z-score table for all the probability calculations.
(a) Calculate the Z-score for 2,598 hours
Z = (x - μ)/σ = (2598-2500)/50 = 1.96
P(x>2,598)
= P(Z>1.96)
= 1 - P(Z≤1.96)
= 1 - 0.9750
= 0.025
= 2.5%
(b) Calculate the Z-score for 2,418 hours
Z = (x - μ)/σ = (2418-2500)/50 = -1.64
P(x<2418)
= P(Z<-1.64)
= 0.0505
= 5.1%
(c) Top 5% means that P(Z>Z*) = 0.05
Let Z* be value of X that is the cut off for the top 5%.
Using the Z-score table, a probability of 5% translates to Z*=1.645
Z = (x - μ)/σ
Rearrange the equation to solve for x.
x* = μ + Zσ
= 2500 + 1.645(50)
x* = 2,582.25 hours ≈ 2,582 hours