Assume that the mean hourly cost to operate a commercial airplane follows the normal distribution with a

Question:

Assume that the mean hourly cost to operate a commercial airplane follows the normal distribution with a mean of $2,125 per hour and a standard deviation of $220. What is the operating cost for the lowest 5 percent of the airplanes?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...