Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A sample of the salaries of assistant professors on the business faculty at a local university revealed a mean income of $125,000 with a standard
A sample of the salaries of assistant professors on the business faculty at a local university revealed a mean income of $125,000 with a standard deviation of $10,600. Assume that salaries follow a bell-shaped distribution. Use the empirical rule to answer the following questions. a. Approximately what percentage of the salaries fall between $114,400 and $135,600? Percentage of returns % b. Approximately what percentage of the salaries fall between $103,800 and $146,200? Percentage of returns % c. Approximately what percentage of the salaries are greater than $146,200? Percentage of returns %
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started