The z-score value for 93.32% will be negative 1.5. Then the average number of skateboards produced per day last year is 310.
The Gaussian Distribution is another name for it. The most significant continuous probability distribution is this one. Because the curve resembles a bell, it is also known as a bell curve.
The z-score is a statistical evaluation of a value's correlation to the mean of a collection of values, expressed in terms of standard deviation.
Last year, the number of skateboards produced by a skateboard company is normally distributed.
The standard deviation of skateboards produced was 20 skateboards.
They found they produced up to 280 skateboards on 93.32% of the days last year.
Then the z-score value for 93.32% will be negative 1.5.
Then we have
z = (x - μ)/σ
-1.5 = (280 - μ)/20
-30 = 280 - μ
μ = 280 + 30
μ = 310
More about the normal distribution link is given below.
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