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PER Capita Spending on Health CareThe average per capita
Chapter 6, Problem 5RE(choose chapter or problem)
Problem 5RE
PER Capita Spending on Health Care
The average per capita spending on health care in the United States is $5274. If the standard deviation is $600 and the distribution of health care spending is approximately normal, what is the probability that a randomly selected person spends more than $6000? Find the limits of the middle 50% of individual health care expenditures. (6–2)
Questions & Answers
QUESTION:
Problem 5RE
PER Capita Spending on Health Care
The average per capita spending on health care in the United States is $5274. If the standard deviation is $600 and the distribution of health care spending is approximately normal, what is the probability that a randomly selected person spends more than $6000? Find the limits of the middle 50% of individual health care expenditures. (6–2)
ANSWER:
Answer
Step 1 of 1
(a)
We are asked to find the probability that a randomly selected person spends more than $6000.
We are also asked to find the limits of the middle 50% of individual health care expenditures.
Let is the expenditures in dollars.
We need to find
We have given