For certain workers, the mean wage is $6.50/hr, with a standard deviation of $0.25 If a worker is chosen at random, what is the probability that the worker's wage is between $6.25 and $6.75? Assume a normal distribution of wages.
The probability is _____.
Given:
= 6.50/hr, = 0.25
Find:
P(6.25 < X < 6.75)
Let X be the Workers wage.
Using Central Limit Theorem
P(6.25 < X < 6.75) = P(-1 < Z < 1)
P(6.25 < X < 6.75) = P(Z < 1) - P(Z < -1)
P(6.25 < X < 6.75) = 0.8413 - 0.1587 ............Using standard Normal table
P(6.25 < X < 6.75) = 0.6827
The probability is 0.6827
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