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!
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)
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