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GiTS
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Homework Statement
So the question is, given a set of random numbers, find the mean and the value that will be >= 99% of the occurances. So for a set of random numbers between say, 1-100, if the mean is 50, how do I find out what number will be >= 99% of all observations of the time.
Havent taken stats in a long time. No book provided.
Homework Equations
99% has a z score of 2.576
Somehow I have to turn that into a number using standard deviation.
The Attempt at a Solution
z=(x-m)/stdev
x=(stdev*z)+mean
is x the number I am looking for?
Thanks all!