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 $170 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? (b) At what operating cost would 65% of the operating costs be more? (c) What operating cost would be more than 85% of operating costs? |
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