Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 12, 2024

Suppose that the mean salary in a particular profession is $45,000 with a standard deviation of $2,000. To what percentile does a salary of $48,000

Suppose that the mean salary in a particular profession is $45,000 with a standard deviation of $2,000. To what percentile does a salary of $48,000 correspond?

A) 91st

B) 41st

C) 93rd

D) 43rd

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

Recommended Textbook for

Introduction to Probability

Authors: Mark Daniel Ward, Ellen Gundlach

1st edition

716771098, 978-1319060893, 1319060897, 978-0716771098

More Books

Students also viewed these Mathematics questions

Question

★★★★★

For each of the transactions in M2-9 [including (a)], post the effects to the appropriate T-accounts and determine ending account balances. In M2-9 For each of the following transactions of...

Answered: 1 week ago

Question

★★★★★

It is essential to design the well as best as possible. A proper well design will reduce the cost and enhance well reliability. a ) Name each of the following equipment in Fig. Q 2 ( a ) . ( A ) ( C...

Answered: 1 week ago

Question

★★★★★

3. For whom? Finding the answers requires a knowledge of the basics of economics decision making.

Answered: 1 week ago

Question

★★★★★

What qualifications should the systems analysis team be looking for when hiring their new ecommerce development team member? Is it more important to know specific languages or to have an aptitude for...

Answered: 1 week ago

Question

★★★★★

Suppose that the mean salary in a particular profession is $45,000 with a standard deviation of $2,000. To what percentile does a salary of $48,000 correspond? A) 91st B) 41st C) 93rd D) 43rd

Answered: 1 week ago

Question

★★★★★

ATC 1,600 Price and costs (dollars p 1,200 800 400 90 130 170 210 Quantity (tons per day! The figure above shows the costs for the typical grower in the perfectly competitive turnip market....

Answered: 1 week ago

Question

★★★★★

The following information refers to parts 1-2. It contains dropdown multiple choice and numerical questions. There are two periods (0 and 1). There are three states and two securities, a bond and a...

Answered: 1 week ago

Question

★★★★★

Question 1: Review the case study below and answer the five questions. Eddie Turner was elated with the good news that he was being promoted to section supervisor in charge of scheduling all...

Answered: 1 week ago

Question

★★★★★

2019 Quarter 3 2020 Quarter 2 Real GDP Potential GDP Billions of 2012 Dollars Billions of 2012 Dollars 19,112.65 17,258.21 19,064.06 19,340.19 Let us analyze the effect of 2020 Covid-19 pandemic on...

Answered: 1 week ago

Question

★★★★★

Ryan Ross (111-11-1112), Oscar Omega (222-22-2223), Clark Carey (333-33-3334), and Kim Kardigan (444-44-4445) are equal active members in ROCK the Ages LLC. ROCK serves as agent and manager for...

Answered: 1 week ago

Question

★★★★★

Conduct internal (Walmart) and external research to identify some of the common performance reports used in your Walmart store or business. Choose one Walmart report that contains indicators...

Answered: 1 week ago

Previous Question Next Question