Drug company. Manufacturing and selling drugs that claim to reduce an individuals cholesterol level is big business.
Question:
Drug company. Manufacturing and selling drugs that claim to reduce an individual’s cholesterol level is big business.
A company would like to market their drug to women if their cholesterol is in the top 15%. Assume the cholesterol levels of adult American women can be described by a Normal model with a mean of 188 and a standard deviation of 24.
a) Draw and label the Normal model.
b) What percent of adult women do you expect to have cholesterol levels over 200 ?
c) What percent of adult women do you expect to have cholesterol levels between 150 and 170 ?
d) Estimate the interquartile range of the cholesterol levels.
e) Above what value are the highest 15% of women’s cholesterol levels?
Step by Step Answer:
Business Statistics
ISBN: 9780321716095
2nd Edition
Authors: Norean D. Sharpe, Paul F. Velleman, David Bock, Norean Radke Sharpe