Question
The Superintendent of the Washoe County School District is being asked by the Nevada Department of Education to do a wage analysis of high school
The Superintendent of the Washoe County School District is being asked by the Nevada Department of Education to do a wage analysis of high school teachers. The average Washoe County high school teacher annual salary is $47,979. Assume the teacher salary is normally distributed with a standard deviation of $15,493.
a. What percentage of Washoe County high school teachers make between $41,001 and $47,807? (Round all calculations to 2 decimal places.)
b. What percentage of Washoe County high school teachers make more than $71,203? (Round all calculations to decimalplaces.)
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An Introduction to the Mathematics of Financial Derivatives
Authors: Ali Hirsa, Salih N. Neftci
3rd edition
012384682X, 978-0123846822
