Assume the annual day care cost per child is normally distributed with a mean of $6000 and a standard deviation of $1000. If an individual is paying more than 55% of all others who pay for day care, what minimum cost must this individual be paying for day care?

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Assume the annual day care cost per child is normally distributed with a mean of $6000 and a standard deviation of $1000. If an individual is paying more than 55% of all others who pay for day care, what minimum cost must this individual be paying for day care?

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