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Q1) Shaver Manufacturing, Inc., provides dental insurance to its employees. A current study by human resource director illustrates annual cost per employee per year followed normal probability distribution, with mean of $1,280 and a standard deviation of $420 per year.
a) Determine fraction of employees cost more than $1,500 per year for dental expenses?
b) Compute fraction of the employees cost between $1,500 and $2,000 per year?
c) Evaluate percent that didn't have any dental expense.
d) Determine the cost for 10 percent of employees who incurred highest dental expense?
When the p-value is used for hypothesis testing, the null hypothesis is rejected if
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The student with the 92 found a grading error on her exam and her correct grade was 95. There were no other grading errors. After correcting this student's paper, the five number summary for the midterm exam will be
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