document.write( "Question 724318:  Assume that the mean hourly cost to operate a commercial airplane follows the normal distribution with a mean of $2,400 per hour and a standard deviation of $220.
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document.write( "What is the operating cost for the lowest 6 percent of the airplanes?  \n" );
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| Algebra.Com's Answer #443697 by stanbon(75887)      You can put this solution on YOUR website! Assume that the mean hourly cost to operate a commercial airplane follows the normal distribution with a mean of $2,400 per hour and a standard deviation of $220.\r \n" ); document.write( "\n" ); document.write( "What is the operating cost for the lowest 6 percent of the airplanes? \n" ); document.write( "---- \n" ); document.write( "Find the z-value with a left tail of 6%. \n" ); document.write( "invNorm(0.06) = -1.5548 \n" ); document.write( "----- \n" ); document.write( "Find the corresponding cost: \n" ); document.write( "x = z*s + u \n" ); document.write( "x = -1.5548*220 + 2400 \n" ); document.write( "-- \n" ); document.write( "x = $2057.95 \n" ); document.write( "================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "================== \n" ); document.write( " |