According to the same Glassdoor blog report mentioned in the previous question, the mean monthly pay for
Question:
According to the same Glassdoor blog report mentioned in the previous question, the mean monthly pay for interns at Facebook is $ 6,213. Suppose that the intern monthly pay is normally distributed, with a standard deviation of $ 500. What is the probability that the monthly pay of an intern at Facebook is
a. Less than $ 4,500?
b. Between $ 4,300 and $ 4,700?
c. Above $ 5,200?
d. Ninety-nine percent of the intern monthly pays are higher than what value?
e. Ninety-five percent of the intern monthly pays are between what two values, symmetrically distributed around the mean?
f. Compare the results for the Intel interns computed in Problem 6.36 to those of the Facebook interns.
Step by Step Answer:
Business Statistics A First Course
ISBN: 9780321979018
7th Edition
Authors: David M. Levine, Kathryn A. Szabat, David F. Stephan