Question: An expert on process control states that he is 68% confident that the new production process will save between 1 and 11$ per unit with

An expert on process control states that he is 68% confident that the new production process will save between 1 and 11$ per unit with savings values around $ 6 more likely. if you were to model this expert's opinion using a normal distribution (i.e by applying the empirical rule) what standard deviation would you use for normal distribution

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