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Z = invNorm(1 - 0.08) ≈ invNorm(0.92) ≈

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2 votes

Answer:

To calculate the value of Z using the inverse normal distribution function (invNorm), we can use the cumulative probability associated with the desired Z-score. In this case, we want to find the Z-score that corresponds to a cumulative probability of 0.92.

Z = invNorm(0.92)

Using a standard normal distribution table or a statistical calculator, we can find that invNorm(0.92) is approximately 1.4051.

Therefore, Z ≈ 1.4051.

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