Answer:
Explanation:
Since the monthly electric consumption for January follows a normal distribution, you must use a standard normal table (Z table), which provides the probabilities for the (normalized) Z-scores.
The top 6% of electric consumption, means that you must find the z-score for which the probablitiy is ≥ 0.06.
The corresponding z-score shown in the table is 1.555.
Now just use the equation:
Where:
Substituting: