What is the probability that worker annual salary is more

Assignment Help Basic Statistics
Reference no: EM131671245

Question: The U.S. Bureau of Economic Statistics reports that the average annual salary in the metropolitan Boston area is $50,542. Suppose annual salaries in the metropolitan Boston area are normally distributed with a standard deviation of $4,246. A Boston worker is randomly selected.

a. What is the probability that the worker's annual salary is more than $60,000?

b. What is the probability that the worker's annual salary is less than $45,000?

c. What is the probability that the worker's annual salary is more than $40,000?

d. What is the probability that the worker's annual salary is between $44,000 and $52,000?

Reference no: EM131671245

Questions Cloud

What monthly sales in members and dollars have to achieve : Using the information from part 1, section 1, what would monthly sales in members and dollars have to be to achieve a target net income of $15,000 for month?
Person living in a skilled nursing facility : Create your own care plan as if you were a person living in a skilled nursing facility/ home. Think about what time you want to wake up
How was the cold war cultural and ideological : Do Andrews and Wagg think the initiation and development of these ties are enough? If so, why? If not, why not?
How can an individual sustain and grow a healthy : How can an individual sustain and grow a healthy and useful culture in the areas of music, literature, art, theater, education, or religion?
What is the probability that worker annual salary is more : The U.S. Bureau of Economic Statistics reports that the average annual salary in the metropolitan Boston area is $50,542.
Does analysis raise any questions that might lead to fraud : What did you learn about relationship between income statement and balance sheet? Does your analysis raise any questions that might lead to a fraud hypothesis?
What would the average number of arrivals per hour be : Suppose interarrival times at a hospital emergency room during a weekday are exponentially distributed, with an average interarrival time of nine minutes.
Prepare the correcting entries : A collection on account from a customer for $800 was recorded as a debit to Cash $800, Prepare the correcting entries
Find the average speeds of passenger trains : Suppose the average speeds of passenger trains traveling from Newark, New Jersey, to Philadelphia, Pennsylvania, are normally distributed, with a mean average.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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