Answers
1.a 3.25 b) 99.94
2. 0.951
3. 50440
4. 0
5. 49300
6. 39002
Find Z-table and solutions attached
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A study on salaries of recent graduates from a certain college are normally distributed with mean...
Suppose that the data concerning the first-year salaries of recent graduates is normally distributed with the population mean μ= $60000 and the population standard deviation σ = $15000. a. Find the probability of a randomly selected recent graduate earning less than $45000 annually. b. Find the probability of randomly selecting a recent graduate that makes more than $80000 a year, given the same normal distribution. c. Find the range of annual salaries of the top 15% earners, given the same...
1. Suppose that the data concerning the first-year salaries of recent graduates is normally distributed with the population mean -S60000 and the population standard deviation ơ S15000. (20 points) Find the probability of a randomly selected recent graduate earning less than $45000 annually Find the probability of randomly selecting a recent graduate that makes more than S80000 a year, given the same normal distribution. Find the range of annual salaries of the top 15% earners, given the same distribution of...
A survey reported that the mean starting salary for college graduates after a three-year program was $33,160.Assume that the distribution of starting salaries follows the normal distribution with a standard deviation of $4090. What percentage of the graduates have starting salaries: (Round z-score computation to 2 decimal places and the final answers to 4 decimal places.) a. Between $32,500 and $38,600? Probability b. More than $42,900? Probability c. Between $38,600 and $42,900? Probability
A survey reported that the mean starting salary for college graduates after a three-year program was $34,190.Assume that the distribution of starting salaries follows the normal distribution with a standard deviation of $3610. What percentage of the graduates have starting salaries: (Round z-score computation to 2 decimal places and the final answers to 4 decimal places.) a. Between $31,400 and $37,600? Probability b. More than $43,400? Probability c. Between $37,600 and $43,400? Probability
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Suppose that salaries for recent graduates of one university have a mean of $24,800 with a standard deviation of $1100. Using Chebyshev's Theorem, what is the minimum percentage of recent graduates who have salaries between $21,500 and $28,100?
The mean starting salary for college graduates in 2016 was $36,000. Assume that the distribution of starting salaries follows the normal distribution with a standard deviation of $3,000. 1.What is the probability that a graduate will have a starting salary more than $43,500? 2. What is the probability that a graduate will have a starting salary between $42,000 and $43,500? 3. What is the probability that a graduate will have a starting salary between $30,000 and $45,000? 4. What starting...
Salaries for teachers in a particular elementary school district are normally distributed with a mean of $49,000 and a standard deviation of $4,400. We randomly survey ten teachers from that district. (Round your answers to the nearest dollar.) (a) Find the 90th percentile for an individual teacher's salary. (b) Find the 90th percentile for the average teacher's salary.
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