FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The salaries at a corporation are normally distributed with an average salary of $19,000 and a standard deviation of $4,000. a. What is the probability

The salaries at a corporation are normally distributed with an average salary of $19,000 and a standard deviation of $4,000.

a.

What is the probability that an employee will have a salary between $12,520 and $25,480?

b.

What is the probability that an employee will have a salary more than $11,880?

c.

What is the probability that an employee will have a salary less than $28,440?

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

Step: 3

blur-text-image

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

College Algebra

College Algebra

Authors: Robert F Blitzer

7th Edition

013449492X, 9780134453262

More Books

Students also viewed these Mathematics questions

Question

★★★★★
An amusement park is considering changing its pricing system from a pay-per-ride system to a single entrance fee entitling the entrant to unlimited rides. Assume that the park is not close to...

Answered: 1 week ago

Question

★★★★★
As part of a study of the development of the thymus gland, researchers weighted the glands of 51 chick embryos after 14 days of incubation. The mean thymus weight is 30.7 and the standard deviation...

Answered: 1 week ago

Question

★★★★★
LO 5 Consider the identity Sp - I = CA + D, where Sp is private sector saving, I is investment, CA is the current account surplus, and D is the government deicit. (a) Show that the above identity...

Answered: 1 week ago

Question

★★★★★
Evergreen Carpets books show the following data. In early 2016, auditors found that the ending merchandise inventory for 2013 was understated by $ 6,000 and that the ending merchandise inventory for...

Answered: 1 week ago

Question

★★★★★
#2. Suppose the probability density function for a random variable X equals the following: f(x) = 3x2 for {0 Answered: 1 week ago

Answered: 1 week ago

Question

★★★★★
Make or Buy Terry Inc. manufactures machine parts for aircraft engines. CEO Bucky Walters is considering an offer from a subcontractor to provide 2,400 units of product OP89 for $136,800. If Terry...

Answered: 1 week ago

Question

★★★★★
5. Suppose that the diameter of a Ferris Wheel is 48 feet and the center of the ferris wheel is 26 feet above the ground. It travels at a rate of 1 revolutions every 240 seconds. Draw a sketch of the...

Answered: 1 week ago

Question

★★★★★
Penny attended a four-year state college. She took out a student loan to pay for her tuition and room & board for the four years she was attending college. Her tuition fees were $6,970 per year, and...

Answered: 1 week ago

Question

★★★★★
We can achieve this month's target if we change our approach. Let's not give up so quickly." Which of the maintenance roles does this statement represent

Answered: 1 week ago

Question

★★★★★
(01.192 grit l 3. Given a triangular distribution such as the below: 079-5= (1800) intenco d duf- sin i/~ fx(x) 00 a 15 The PDF of the above function fx (x) is: m woled art as ribuz noijudintzib...

Answered: 1 week ago

Question

★★★★★
Better capacity utilization is a driver of differentiation advantage for firms. 1 point True False

Answered: 1 week ago

Previous Question Next Question