York Manufacturing Inc. offers dental insurance to its employees. A recent study by the human resource director shows the annual cost per employee per year followed the normal distribution, with a mean of 1234 dollars and a standard deviation of 321 dollars. What was the minimum cost for the 8 percent of employees that incurred the highest dental expense?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 3GP
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York Manufacturing Inc. offers dental insurance to its employees. A recent study by the human resource director shows the annual cost per employee per year followed the normal distribution, with a mean of 1234 dollars and a standard deviation of 321 dollars. What was the minimum cost for the 8 percent of employees that incurred the highest dental expense?

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