3. In CY 2011, State Farm Insurance Corporation reported that the average loss payment ...

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3. In  CY 2011, State  Farm  Insurance Corporation reported that  the  average  loss payment  per  insurance claim  by  automobile  owners  in  Anchorage, Alaska  was

$3,050 with  a standard deviation  of $950.  Assume  that  the  distribution of loss­

payment per claim is "mound-shaped".  Approximately what fraction or percentage of the loss-payments will be $2,800 or more?  (6 points)


4. The average UAA female athlete is 72 inches tall with a standard deviation of six inches.

a.  What is the percentage of UAA female athletes are 64 inches or taller?

b.  What is the percentage of UAA female athletes are 57 inches or shorter? (8 points)

    • 8 years ago
    z = (x - μ)/σ (a) z = (64 - 72)/6 = -1.3333 ...
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