To solve this problem, the first thing we must do is find the Z-Score of the given costs: $5265 , $6735 , $4530 ,and $7470
Then we proceed to find the percentages for each interval based on the graph
z-score for $5265 )
[tex]Z_{5265}=\frac{5265-6000}{735}=-1[/tex]
z-score for $6735 )
[tex]Z_{6735}=\frac{6735-6000}{735}=1[/tex]
z-score for $4530 )
[tex]Z_{4530}=\frac{4530-6000}{735}=-2[/tex]
z-score $7470 )
[tex]Z_{7470}=\frac{7470-6000}{735}=2_{}[/tex]
now, let's analyze the intervals
a ) between $5265 and $6735
This interval goes from (μ-σ) to (μ+σ)
if we look at the graph we find that this corresponds to a percentage of 68%
b) above $6735
This corresponds to what is to the right of (μ+σ)
This is a percentage of 16%
[tex]\frac{100-68}{2}=\frac{32}{2}=16[/tex]
c ) below $4530
This corresponds to what is to the left of (μ-2σ)
This is a percentage of 2.5%
[tex]\frac{100-95}{2}=\frac{5}{2}=2.5[/tex]
d ) between $5265 and $7470
This interval goes from (μ-σ) to (μ+2σ)
This is a percentage of 81.5%
[tex]\begin{gathered} 100-\frac{100-68}{2}-\frac{100-95}{2} \\ =100-16-2.5 \\ =81.5 \end{gathered}[/tex]
