The z value corresponding to a 0 80 cumulative probability

Last updated: 11/15/2023

The z value corresponding to a 0 80 cumulative probability was found to be 0 84 Thus the necessary return x will be 0 84 standard deviations above the mean return Recall the formula t convert a given value x to the standard normal random z Z x x 0 Here we have the values of z and o but need to find x Solve the equation for x