Mathematics, 09.04.2020 18:38 karlyisaunicorn
According to the Air Transport Association of America, the average operating cost of an MD-80 jet airliner is $2,087 per hour. Suppose the operating costs of an MD-80 jet airliner are normally distributed with a standard deviation of $179 per hour.
(Round the value of z to 2 decimal places. Round your answers to 2 decimal places.)
(a) At what operating cost would only 23% of the operating costs be less?
$enter the dollar amount at which only 23% of the operating costs would be less
(b) At what operating cost would 65% of the operating costs be more?
$enter the dollar amount at which 65% of the operating costs would be more
(c) What operating cost would be more than 85% of operating costs?
$enter the dollar amount that would be more than 85% of operating costs
Answers: 3
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According to the Air Transport Association of America, the average operating cost of an MD-80 jet ai...
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