document.write( "Question 663575: A major cell phone service provider has determined that the number of minutes that its customers use their phone per month is normally distributed with a mean equal to 445.5 minutes with a standard deviation equal to 177.8 minutes. The company is thinking of charging a lower rate for customers who use the phone less than a specified amount. If it wishes to give the rate reduction to no more than 12 percent of its customers, what should the cut off be? \n" ); document.write( "
Algebra.Com's Answer #412845 by stanbon(75887) ![]() You can put this solution on YOUR website! A major cell phone service provider has determined that the number of minutes that its customers use their phone per month is normally distributed with a mean equal to 445.5 minutes with a standard deviation equal to 177.8 minutes. The company is thinking of charging a lower rate for customers who use the phone less than a specified amount. If it wishes to give the rate reduction to no more than 12 percent of its customers, what should the cut off be? \n" ); document.write( "----- \n" ); document.write( "Find the z-value with with a left-tail of 12%. \n" ); document.write( "----- \n" ); document.write( "invNorm(0.12) = -1.1750 \n" ); document.write( "--- \n" ); document.write( "Find the x-value that corresponds: \n" ); document.write( "x = z*s + u \n" ); document.write( "--- \n" ); document.write( "x = -1.1750*177.8+445.5 = 236.59 \n" ); document.write( "==================================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |