The average salary of merchandisers is $45 000 per year with a standard deviation of $6000. a.

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The average salary of merchandisers is $45 000 per year with a standard deviation of $6000.
a. What is the probability that a merchandiser earns more than $55 000 per year?
b. What is the probability that a merchandiser earns less than $32 000 per year?
c. What is the probability that a merchandiser earns between $40 000 and $50 000 per year?
d. What is the probability that a merchandiser will earn between $36 000 and $54 000 per year?
e. What is the average salary below which 20% of the merchandisers earn?
f. What is the average salary above which the top 10% of the merchandisers earn?

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Related Book For  book-img-for-question

Basic Statistics For Business & Economics

ISBN: 9781259268939

6th Canadian Edition

Authors: Douglas A. Lind, William G Marchal, Samuel A. Wathen, Carol Ann Waite

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