<PRE><B>Question 1109558</B>
The mean of this distribution is 4,000 units per week and the standard deviation is 60 units per week. If the bonus is paid on the upper 5% of production, the bonus will be paid on how many units or more?
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Find the z value with a right tail of 5%
invNorm(0.95) = 1.645
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Find the corresponding bonus value::
b = 1.645*60+4000 = 4098.69
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Cheers,
Stan H.
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