The amount of money raised by Clayton State teams for the Statistics Games is normally distributed, with a mean of $360 and a standard deviation of $15. What is the cutoff amount for the teams raising the highest 12% of money? Use three decimal places for your z-score and give your final answer in dollars and cents (ie $12.45) Enter Answer Here

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 23PFA
icon
Related questions
Question
The amount of money raised by Clayton State teams for the Statistics Games is normally distributed, with a mean of $360 and
a standard deviation of $15.
What is the cutoff amount for the teams raising the highest 12% of money? Use three decimal places for your z-score and give
your final answer in dollars and cents (ie $12.45)
Enter Answer Here
Transcribed Image Text:The amount of money raised by Clayton State teams for the Statistics Games is normally distributed, with a mean of $360 and a standard deviation of $15. What is the cutoff amount for the teams raising the highest 12% of money? Use three decimal places for your z-score and give your final answer in dollars and cents (ie $12.45) Enter Answer Here
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill