Question

A certain list of movies were chosen from lists of recent Academy Award Best Picture winners, highest grossing movies, series movies (e.g. the Harry Potter series, the Spiderman series), and from the Sundance Film Festival and are being analyzed. The mean box office gross was $147.077 million with a standard deviation of $12.4122 million. Given this information, 12.23% of movies grossed less than how much money (in millions)? Assume the distribution is approximately normal.

Answer 1