Final answer:
To calculate the lowest ACT score in the top 2%, we need to find the z-score that corresponds to the 98th percentile and then use the z-score formula to calculate the ACT score.
Step-by-step explanation:
The z-score formula can be used to find the score that corresponds to a given percentage in a normal distribution. Given that we want to find the lowest ACT score in the top 2%, we need to find the z-score that corresponds to the 98th percentile. The formula for calculating the z-score is:
z = (X - μ) / σ
where X is the value, μ is the mean, and σ is the standard deviation.
First, we need to find the z-score that corresponds to the 98th percentile. Using a z-table or a calculator, we can find that the z-score for the 98th percentile is approximately 2.055. Now, we can rearrange the z-score formula to solve for X:
X = z * σ + μ
Substituting the values we know, X = 2.055 * 5.34 + 21, we can calculate the lowest ACT score in the top 2% to be approximately 31.11.