Answer:
a) 6.3 minutes
Step-by-step explanation:
Population mean (μ) = 7.2 minutes
Standard deviation (σ) = 0.56 minutes
The z-score for any running time 'X' is given by:
[tex]z=\frac{X-\mu}{\sigma}[/tex]
In this scenario, the company is looking for the top 5% runners, that is, runners at and below the 5-th percentile of the normal distribution. The equivalent z-score for the 5-th percentile is 1.645.
Therefore, the minimum speed, X, a runner needs to achieve in order to be sponsored is:
[tex]-1.645=\frac{X-7.2}{0.56}\\X= 6.3\ minutes[/tex]