The length of time it takes to find a parking space at 9 A.M. follows a normal distribution with a mean of 5 minutes and a standard deviation of 3 minutes. Sixty percent of the time, it takes more than how many minutes to find a parking space? (Round your answer to two decimal places.)
Here The length of time it takes to find a parking space at 9 A.M. follows a normal distribution with a mean of 5 minutes and a standard deviation of 3 minutes.
so if x is the time taken by a person to find a parking space, then
x ~ NORMAL (5 mins, 3 mins)
so as asked if x is the time above which it takes to find the parking space 60 % of the time, then writing it mathematically.
P(x > x0)= 0.6
P(x < x0) = 0.4
so now finding z value
z = NORMSINV(0.4) = -0.25335
so here
z =(x0 - 5)/3
x0 = 5 - 3 * 0.2535
x0 = 4.24 mins
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