Let the mean salary of workers be $920 and the standard deviation of salaries be $870. The probability that the average salary of the 100 workers is larger than $1000 is 17.88%.
Ture or False?
Solution :
= / n = 870 / 100 = 87
P( > 1000) = 1 - P( < 1000)
= 1 - P[( - ) / < (1000 - 920) / 87]
= 1 - P(z < 0.92)
= 0.1788
= 17.88%
True
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