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1) The mean annual salary for intermediate level executives is about $74000 per year with a...

1) The mean annual salary for intermediate level executives is about $74000 per year with a standard deviation of $2000. A random sample of 36 intermediate level executives is selected. What is the probability that the mean annual salary of the sample is between $71000 and $73500? 0.885 0.933 0.067 0.334

2) Recent test scores on the Law School Admission Test (LSAT) are normally distributed with a mean of 162.4 and a standard deviation of 15.9. What is the probability that the mean of 12 randomly selected scores is less than 161? 0.620 0.380 0.535 0.465

3) Seventy-nine percent of products come off the line ready to ship to distributors. Your quality control department selects 12 products randomly from the line each hour. Looking at the binomial distribution, if fewer than how many are within specifications would require that the production line be shut down (unusual) and repaired? Fewer than 7 Fewer than 9 Fewer than 6 Fewer than 10

4) On the production line the company finds that 85.6% of products are made correctly. You are responsible for quality control and take batches of 30 products from the line and test them. What number of the 30 being incorrectly made would cause you to shut down production? Less than 25 Less than 26 Less than 24 Less than 23

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