Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The mean salary at a local industrial plant is $29,000$29,000 with a standard deviation of $4400$4400. The median salary is $26,900$26,900 and the 61 st

The mean salary at a local industrial plant is $29,000$29,000 with a standard deviation of $4400$4400. The median salary is $26,900$26,900 and the 61st percentile is $29,800$29,800.

Step 1 of 5:

Based on the given information, determine if the following statement is true or false.

Approximately 61%61% of the salaries are above $29,800$29,800.

Step 2 of 5

Based on the given information, determine if the following statement is true or false.

Joe's salary of $34,280$34,280 is 1.201.20 standard deviations above the mean.

Step 3 of 5:

Based on the given information, determine if the following statement is true or false.

The percentile rank of $27,100$27,100 is 5050.

Step 4

Based on the given information, determine if the following statement is true or false.

Approximately 11%11% of the salaries are between $26,900$26,900 and $29,800$29,800

Step 5

Based on the given information, determine if the following statement is true or false.

Approximately 11%11% of the salaries are between $26,900$26,900 and $29,800$29,800

If Tom's salary has a z-score of 0.60.6, how much does he earn (in dollars)?

Step 1-5 t/f

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_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

WebAssign For Trigonometry

Authors: James Stewart

2nd Edition

1337772313, 9781337772310

More Books

Students also viewed these Mathematics questions

Question

understand the selection bias in contemporary work psychology;

Answered: 1 week ago