8 Suppose the average high school teachers annual salary is $53,000. Assume teacher salary is normally distributed with a standard deviation of $19,000. What percent of high school teachers make between $51,000 and $55,000
Solution:
Given that,
mean = = 53,000
standard deviation = = 19,000
p ( 51,000 < x < 55,000)
= p ( 51,000 - 53,000 / 19,000) < ( x - / ) < ( 55,000 - 53,000 / 19,000)
= p ( - 2,000 / 19,000 < z < 2,000 / 19,000 )
= p (- 0.11 < z < 0.11 )
= p (z < 0.11 ) - p ( z < - 0.11 )
Using z table
= 0.5438 - 0.4562
= 0.0876
Probability = 08.76%
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