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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