probability, Basic Statistics

Assignment Help:
The monthly income of a company employee is normally distributed with the mean Rs. 20,000 and standard deviation of Rs. 5000.
a) Find the probability that an employee earns more than Rs. 18,000 per month.
b) Find the probability that an employee earns less than Rs. 15,000 per month.

Related Discussions:- probability

What is a purchase return, What is a purchase return? A buy purchase re...

What is a purchase return? A buy purchase return occurs when a buyer profits products that it has bought from a provider. Under the regular inventory system, the cost of the

Intervals, At a tennis tournament a statistician keeps track of every serve...

At a tennis tournament a statistician keeps track of every serve. The statistician reported that the mean serve speed of a particular player was 102 miles per hour (mph) and the st

Individual tax accounting, need help with exercise that asks to calculate g...

need help with exercise that asks to calculate gross income, adjusted gross income and taxable income based on items1-13, which i can submit the exercise copies as soon as you tell

Budgets and budgetary control, Budgets and budgetary control A fund is...

Budgets and budgetary control A fund is an operating plan for a business, ready in progress. Funds may be set in money conditions, egg a revenue funds of £500,000, or it can

Accounting equation, A.Austria invested cash $1,000 and a type writer $2,50...

A.Austria invested cash $1,000 and a type writer $2,500

Decision tree, how do I answer: with the aid of a decision tree prepare a q...

how do I answer: with the aid of a decision tree prepare a quantitative report advising the company on the optimal course of action. (use a time horizon of 6years and ignore the ti

Stats, 1. A search engine site claims that, on average, one out of five vis...

1. A search engine site claims that, on average, one out of five visitors clicks on an ad. (a) If 8 users visit the site, what is the probability that at least three click on an a

Estimate the probability, A football coach recorded in the practice session...

A football coach recorded in the practice sessions how many attempts were needed for a certain player to kick a field goal from the 25-yard line, and got the following numbers 3

Adaptive sampling design, Adaptive sampling design   The sampling de...

Adaptive sampling design   The sampling design in which the method for selecting  the sampling Units on which to make observations might rely on the observed values of the v

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd