calculating areas under the normal curve
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Your Personal Tutor in Statistics. Click for Next. Calculating Areas Under the Normal Curve. Percentage Calculations. For example,. 50% is the same as 1/2. Click for Next. Click for Next. Click for Next. Calculating Percentages. We are all familiar with certain percentages. Why?. - PowerPoint PPT PresentationTRANSCRIPT
Your Personal Tutor in Statistics © 2004 Jack Lubowsky Page 1
Calculating Areas Under the Normal Curve
PercentageCalculations
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inStatistics
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Your Personal Tutor in Statistics © 2004 Jack Lubowsky Page 2
We are all familiar with certain percentages.
Calculating Percentages
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For example,50% is the same as 1/2.
Why?The word “per/cent” means “per hundred.”
So 50% = 50/100 which equals 0.50,
so 50% also equals 0.50.
Don’t believe me?
Go ahead.
Put it in your calculator.
OK, so 50% and 0.50 are exactly the same.
Likewise, 38% and 0.38 are exactly the same.
Going from % to decimal moves the decimalpoint 2 places to the LEFT.
So…What is 55% as a decimal?
55% = 55.% . = 0.55
The leading zero is just a safety precautionto indicate that you just didn’t forget theleading digit.
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Your Personal Tutor in Statistics © 2004 Jack Lubowsky Page 3
Calculating Percentages
Move decimal 2 places to right
So remember it this way…
DECIMAL PERCENT
0.34 34 %
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Move decimal 2 places to left
DECIMAL PERCENT
0.34 34 %
Your Personal Tutor in Statistics © 2004 Jack Lubowsky Page 4
Calculating Percentages
Now to practice.
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Answer the question then click to see the answer.
Convert 45% to decimal. 0.45
Convert 38.34% to decimal.0.3834
Convert 0.005% to decimal.0.00005
Convert 238.1% to decimal.02.381
Let’s continue.
Convert 0.45 to percent. 45%
Convert 7.574 to percent. 757.4%
Convert 0.005 to percent. 0.5%
Convert .3875 to percent. 38.75%
Your Personal Tutor in Statistics © 2004 Jack Lubowsky Page 5
Calculating Percentages
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Using Percentages
To take the percent of a number,convert the percent to a decimal and multiply.
For example,A city with a population of 3.8 million people grew by 3.65%. How many people were added?
3.65% Convert to decimal,
0.0365 x 3.8 = .1387 million people
In another city the population decreased by 4%.
If the initial population was 2.6 million, what was the population after the decrease?
There is more than one way to do this problem.1. You could convert 4% to decimal 0.04 and then multiply 0.04 x 2.6 = 0.104 million.
2. If the population decreased by 4%, then it will become 96% of what it was initially.
So 96% of 2.6 million is 0.96 x 2.6 = 2.496 million
Ready to do some more problems?
Then the population is 2.6 – 0.104 = 2.496 . . . or . . .
0.0365
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Your Personal Tutor in Statistics © 2004 Jack Lubowsky Page 6
$50
Calculating Percentages
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Using Percentages
Now we will explore how percentages are used.
Percentages are a way of comparing two numbers.
is reduced by $10,
For example,
So we have a change of -20%.
The original price was
If a $50 item
what is the percent change?
$40
The question really asks, “what was the change compared to the original price?”
-1050 = -0.20 = -20%The change was
So we have a change of 30%.
The original price was
If the price had gone up to $65, what would the percent change have been?
1550
= 0.30 = 30%The change is now