JewelMistCom Estimates the Cost of Relocating Its Headquarters to Los

Multiple Choice

JewelMist.com estimates the cost of relocating its headquarters to Los Gatos, CA with a normal distribution centered on $9.5 million and having a standard deviation of $1.1 million.JewelMist wants to budget for the move so that there's only a 1% chance that the actual cost will exceed the budgeted amount.JewelMist should budget how many millions of dollars.

A) 11.725
B) 9.901
C) 11.882
D) 12.063
E) 10.926