Question

26) Salaries for entry level employees working in a certain industry are normally distributed with a...

26) Salaries for entry level employees working in a certain industry are normally distributed with a mean of $37,152 and a standard deviation of $1,739.

What proportion workers in this industry have entry level salaries less than $40,000?

Round your answer to 4 decimal places.

Please explain each step in detail. Thank you!

Math   Statistics-And-Probability   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Let X denotes the salary of a randomly selected worker.

Here,

X ~ Normal(37152, 17392)

Now,

The proportion workers in this industry have entry level salaries less than $40,000

=P(a randomly selected worker has salary less than $40,000)

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
1. Salaries for entry level employees working in a certain industry are normally distributed with a...
1. Salaries for entry level employees working in a certain industry are normally distributed with a mean of $37,098 and a standard deviation of $1,810. What proportion workers in this industry have entry level salaries greater than $40,000? Round your answer to 4 decimal places. 2.Salaries for entry level employees working in a certain industry are normally distributed with a mean of $38,211 and a standard deviation of $1,531. What proportion workers in this industry have entry level salaries between...
8) Salaries for entry level employees working in a certain industry are normally distributed with a...
8) Salaries for entry level employees working in a certain industry are normally distributed with a mean of $37,419 and a standard deviation of $1,897. What proportion workers in this industry have entry level salaries greater than $40,000? Round your answer to 4 decimal places.
a. The annual salaries of employees in a large company are approximately normally distributed with a...
a. The annual salaries of employees in a large company are approximately normally distributed with a mean of $50,000 and a standard deviation of $2000. What proportion of employees earned between $45,000 to $55,000? (3 decimal places) b. The annual salaries of employees in a large company are approximately normally distributed with a mean of $50,000 and a standard deviation of $2000. What is the probability of randomly selecting one employee who earned between $45,000 to $55,000? (3 decimal places)
The annual salaries of employees in a large company are approximately normally distributed with a mean...
The annual salaries of employees in a large company are approximately normally distributed with a mean of $50,000 and a standard deviation of $2000. In a sample of 20 employees, what is the probability their mean salary is greater than or equal to $60,000? (3 decimal places)
a. The annual salaries of employees in a large company are approximately normally distributed with a...
a. The annual salaries of employees in a large company are approximately normally distributed with a mean of $50,000 and a standard deviation of $2000.  What salary represents the 50th percentile? (round to nearest integer) b. The annual salaries of employees in a large company are approximately normally distributed with a mean of $50,000 and a standard deviation of $2000.  What salary represents the 90th percentile? (round to nearest integer)
Salaries at an organization are normally distributed with a mean of µ = $50,000 with a...
Salaries at an organization are normally distributed with a mean of µ = $50,000 with a standard deviation of σ = $15,000. What is the probability of selecting a sample of 40 people with a mean salary of less than $40,000? Which statistic should you use to answer this question?
the Salary of the employees at XYZ is normally distributed with a mean of $90,000 and...
the Salary of the employees at XYZ is normally distributed with a mean of $90,000 and a standard deviation of $16,000. a. What is the probability that an employee chosen at random will have a salary higher than $120,000? b. What proportion of employees will have a salary of less than $80,000? c. What is the probability that an employee chosen at random will have a salary between $80,000 and $100,000? d. What is the cutoff point for the upper...
Suppose you are working with a data set that is normally distributed, with a mean of...
Suppose you are working with a data set that is normally distributed, with a mean of 350 and a standard deviation of 47. Determine the value of x from the following information. (Round your answers and z values to 2 decimal places.) (a) 80% of the values are greater than x. Entry field with incorrect answer (b) x is less than 16% of the values. Entry field with incorrect answer (c) 21% of the values are less than x. Entry...
2.1       The annual salaries of employees in a large company are approximately normally             distributed with...
2.1       The annual salaries of employees in a large company are approximately normally             distributed with a mean of R50 000 and a standard deviation of R 20 000.             Calculate the percentage of employees who earn:             2.1.1    less than R40 000?                                                                                                                  2.1.2    between R45 000 and R65 000?                                                                                            2.1.3    more than R70,000?   2.2       The long-distance calls made by the employees of a company are normally distributed with a mean of 6.3 minutes and a...
19. Lifetimes of a certain brand of tires are approximately normally distributed with mean 40,000 miles...
19. Lifetimes of a certain brand of tires are approximately normally distributed with mean 40,000 miles and standard deviation 2,500 miles. What is the probability that the tires last less than 34,000 miles? 20. Lifetimes of a certain brand of tires are approximately normally distributed with mean 40,000 miles and standard deviation 2,500 miles. If the company making the tires did not want to replace more than 3% of the tires, what is the lowest mileage the company should make...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT