1.Salaries for entry level employees working in a certain industry are normally
ID: 3206099 • Letter: 1
Question
1.Salaries for entry level employees working in a certain industry are normally distributed with a mean of $38405 and a standard deviation of $1732.
What proportion workers in this industry have entry level salaries greater than $40,000?
Round your answer to 4 decimal places.
2.Salaries for entry level employees working in a certain industry are normally distributed with a mean of $38326 and a standard deviation of $1891.
What proportion workers in this industry have entry level salaries between $36,000 and $40,000?
Round your answer to 4 decimal places.
3.Salaries for entry level employees working in a certain industry are normally distributed with a mean of $37892 and a standard deviation of $1593.
Find the percentile P60 for entry level salaries of employees working in this industry.
Round your answer to 2 decimal places.
Explanation / Answer
1. mean = $38405 sd= $1732
P(x>40,000)=P(z>(40000-38405)/1732)=P(z>0.92)
1-P(z<0.92)
from normal table, 1-0.8212=0.1788
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