According to the Bureau of Labor Statistics, the annual wage for a federal employee in 2017 was

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According to the Bureau of Labor Statistics, the annual wage for a federal employee in 2017 was $76,250. Assume the population standard deviation is $28,025. A random sample of 34 federal employees is selected.

a. What is the probability that the sample mean will be less than $70,000?

b. What is the probability that the sample mean will be more than $74,000?

c. What is the probability that the sample mean will be between $76,000 and $81,000.

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Business Statistics

ISBN: 9780134685267

3rd Edition

Authors: Robert A. Donnelly

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