Underpaid given the current market

Assignment Help Applied Statistics
Reference no: EM13750608

Your babysitter claims that she is underpaid given the current market. Her hourly wage is $12 per hour. You do some research and discover that the average wage in your area is $14 per hour with a standard deviation of 1.9. 
Calculate the Z score and use the table to find the standard normal probability. Based on your findings, should you give her a raise? Explain your reasoning as to why or why not 

Reference no: EM13750608

Questions Cloud

What is the elasticity of demand for broadband access : When the price of broadband access capacity increases by 10%, commercial customers buy about 3.8% less capacity. What is the elasticity of demand for broadband access? Is demand at the current price elastic or inelastic?
What is an erp application system : You will perform a Web search to watch the video about "ERP Design and Architecture" on YouTube, and then answer the following question-What is an ERP application system
Benefit of strategic management : 1) In a survey of 50 corporations, which of the following was rated as a benefit of strategic management?
What is a relational database : What is a relational database-Write a 1500 word essay on the above question. Your response should include the evolution of 1st generation data models
Underpaid given the current market : Your babysitter claims that she is underpaid given the current market. Her hourly wage is $12 per hour. You do some research and discover that the average wage in your area is $14 per hour with a standard deviation of 1.9.
Advantages and disadvantages of a database system : Describe the major advantages and disadvantages of a database system approach to managing data
Planning for capacity at the restaurant : Mario, one of the owners of Mi Casa Front Porch Restaurant was looking to improve his planning for capacity. In order to do this, he wanted to understand the probability of people in each party coming to the restaurant. If the mean number of people p..
Find all employees in the database : Find the names and cities of residence of all employees who work for ABC Corporation
Features proper parallel structure : The inculcation of these values would ensure the survival of the Republic and the stability of the social order. Mid-nineteenth-century public schools and private colleges were expected to furnish the mind, strengthen the moral character, and prep..

Reviews

Write a Review

Applied Statistics Questions & Answers

  Find a peer-reviewed journal article

Find a peer-reviewed journal article that employs the Pearson's correlation coefficient

  Calculate the mean and standard deviation

Calculate the mean and standard deviation and Based on these statistics, describe how these anthropometric data compare to the US male and Chinese female populations.

  Can you explain why you added the e

A few days ago you answered a question I had on probability. The original equation was R(t)=a^(-bt). In your answer you changed it to R(t) = a* e^(-bt). Can you explain why you added the e?

  What is the probability

What is the probability

  Find the correlation coefficient between x and y

Find the equation of the regression line for the given data.  What is the predicted value of Y when X = -2?  What is the predicted value of Y and find the correlation coefficient between X and Y.  Is there a weak or strong, positive or negative corr..

  Aspirin for their patients with headaches

A survey claims that 9 out of 10 doctors recommend aspirin for their patients with headaches.

  Please read through the case scenario shown below to gain

please read through the case scenario shown below to gain an understanding of the background information and the

  The average score of 385 points significant at the 5% level

Tutor O-rama claims that their services will raise student SAT math scores at least 50 points. The average score on the math portion of the SAT is μ = 350 and σ = 35. The 100 students who completed the tutoring program had an average score of 385 poi..

  Provide a recommendation to president that maximizes profit

1. Provide a recommendation to the president that maximizes profits

  Q1 in a pure exchange economy with two goods g and h two

q1. in a pure exchange economy with two goods g and h two traders amos and elise have cobb-douglas utility functions.

  Agreement between dhec and the independent company

Calculate an appropriate measure of agreement between DHEC and the independent company -  Estimate for the proportion with a fast reaction time for each sex.

  Calculate the uniform annual cost

An alternative has a discounted project cost of $5,215,000 with no salvage value. The estimate was in constant dollars and the discounting used mid-year factors. While the period of analysis is 4 years, the alternative only provides benefits f..

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