Tool workers are subject to work-related injuries. One disorder, caused by strains to the hands and wrists,
Question:
Suppose these costs are normally distributed, with a standard deviation of $9,000.
a. What proportion of the costs is between $15,000 and $45,000?
b. What proportion of the costs is greater than $50,000?
c. What proportion of the costs is between $5,000 and $20,000?
d. Suppose the standard deviation is unknown, but 90.82% of the costs are more than $7,000.What would be the value of the standard deviation?
e. Suppose the mean value is unknown, but the standard deviation is still $9,000.How much would the average cost be if 79.95% of the costs were less than $33,000?
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