Question: Is it possible to show me step by step how you get the answer in order for meto learn this? Assume that the hourly cost
Is it possible to show me step by step how you get the answer in order for meto learn this? Assume that the hourly cost to operate a commercial airplane follows the normal distribution with a mean of $5,635 per hour and a standard deviation of $201.
| What is the operating cost for the lowest 3% of the airplanes? (Round z value to 2 decimal places and round final answer to nearest whole dollar.) |
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