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

Index numbers, What are the advantages and disadvantages of index numbers

What are the advantages and disadvantages of index numbers

Peanuts and cost accounting, EFF EX: Joe, you said you put in these peanuts...

EFF EX: Joe, you said you put in these peanuts because some people ask for them, but do you realise what this rack of peanuts is costing you? JOE: It ain''t gonna cost. ''sgonna be

De Broglie hypothesis and Heinsberg’s uncertainty principle, According to d...

According to de Broglie hypothesis and Heinsberg’s uncertainty principle, if and electron is to exist inside the nucleus, it should posses energy ranging from 20 MeV to 200 MeV. B

Correlation analysis and coefficient, Individual Music scores Mathematics s...

Individual Music scores Mathematics scores Angela 2 8 Arthur 6 3 Peter 4 9 Mike 5 7 Barbara 7 2 Jane 7 3 Jean 2 9 Ruth 3 8 Alan 5 6 Theresa 4 7 Assess the data using a Correlation

Estimate of the population mean time, The average cost per night of a hotel...

The average cost per night of a hotel room in New York City is $273 (SmartMoney, March 2009). Assume this estimate is based on a sample of 45 hotels and that the sample standard

Pivot table, The Pivot table is as below: Values ...

The Pivot table is as below: Values Row Labels Sum of ID Sum of Risk Level A 69

What after the implementation of ifrs, What after the implementation of IFR...

What after the implementation of IFRS?  Manager 1: IFRS is only the first step towards the change that the SEC is trying to bring in. Firstly it is going to take a couple of year

Compute the test statistic, Choose a variable and collect data consisting o...

Choose a variable and collect data consisting of at least 30 values. Before collecting the data, decide what a likely average might be, then complete the following: a. Write a b

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