The following table shows the frequencies of executives salary ranges at a particular organization: Salary Range Frequency
Question:
The following table shows the frequencies of executives’ salary ranges at a particular organization:
Salary Range Frequency
Under $ 60,000 ……………………… 2
$ 60,000 to under $ 70,000 ………… 5
$ 70,000 to under $ 80,000 ………… 7
$ 80,000 to under $ 90,000 …………. 4
$ 90,000 to under $ 100,000 .………… 6
$ 100,000 or more …………………… ?
Total …………………………………. 26
a. How many executives at this organization earned $ 100,000 or more per year?
b. What is the probability that a randomly selected executive earned $ 100,000 or more per year?
c. What is the probability that a randomly selected executive earned $ 60,000 or more per year?
d. What is the probability that a randomly selected executive earned between $ 70,000 and $ 90,000 per year?
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