Question
The average salary of merchandisers is $58,000 per year with a standard deviation of $7000. a. What is the probability that a merchandiser earns more
The average salary of merchandisers is $58,000 per year with a standard deviation of $7000.
a. What is the probability that a merchandiser earns more than $76,000 per year? (Round z-score computation to 2 decimal places and the final answer to 4 decimal places.)
Probability
b. What is the probability that a merchandiser earns less than $41,000 per year? (Round z-score computation to 2 decimal places and the final answer to 4 decimal places.)
Probability
c. What is the probability that a merchandiser earns between $54,000 and $62,000 per year? (Round z-score computation to 2 decimal places and the final answer to 4 decimal places.)
Probability
d. What is the probability that a merchandiser will earn between $46,000 and $70,000 per year? (Round z-score computation to 2 decimal places and the final answer to 4 decimal places.)
Probability
e. What is the average salary below which 21% of the merchandisers earn? (Round the final answer to the nearest whole number.)
Salary $
f. What is the average salary above which the top 10% of the merchandisers earn? (Round the final answer to the nearest whole number.)
Salary $
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