Question
The average salary of merchandisers is $42,000 per year with a standard deviation of $8000. a. What is the probability that a merchandiser earns more
The average salary of merchandisers is $42,000 per year with a standard deviation of $8000.
a.What is the probability that a merchandiser earns more than $57,000 per year?(Roundz-score computation to 2 decimal places and the final answer to 4 decimal places.)
b.What is the probability that a merchandiser earns less than $29,000 per year?(Roundz-score computation to 2 decimal places and the final answer to 4 decimal places.)
c.What is the probability that a merchandiser earns between $38,000 and $46,000 per year?(Roundz-score computation to 2 decimal places and the final answer to 4 decimal places.)
d.What is the probability that a merchandiser will earn between $32,000 and $52,000 per year?(Roundz-score computation to 2 decimal places and the final answer to 4 decimal places.)
e.What is the average salary below which 19% of the merchandisers earn?(Round the final answer to the nearest whole number.)
f.What is the average salary above which the top 9% of the merchandisers earn?(Round the final answer to the nearest whole number.)
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