Cost of iPod Repair The average cost of repairing an iPod

Chapter 6, Problem 9RE

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QUESTION:

The average cost of repairing an iPod is $120 with a standard deviation of $10.50. The costs are normally distributed. If 15% of the costs are considered excessive, find the cost in dollars that would be considered excessive. (6–2)

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QUESTION:

The average cost of repairing an iPod is $120 with a standard deviation of $10.50. The costs are normally distributed. If 15% of the costs are considered excessive, find the cost in dollars that would be considered excessive. (6–2)

ANSWER:

Step 1 of 2

We have to find the excessive cost of an i pod

Given that average repairing cost of an i pod is 120$

And the standard deviation is 10.5$

Then \(\mu=120\)

And \(\sigma=10.5\)

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