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-   -   Statistics - standard deviation (https://www.askmehelpdesk.com/showthread.php?t=364127)

  • Jun 12, 2009, 06:20 AM
    Jennio2875
    Statistics - standard deviation
    Hi there... I need help on a question... here goes the problem
    Assume the average salary for a worker in the US is $27,500 and that the annual salaries for Americans are normally distributed with a STANDARD DEVIATION equal to $6,250. What percentage of Americans earn below $18,000?

    Help with starting the problem would be great
  • Jun 12, 2009, 07:12 AM
    FlyYakker

    I stand to be corrected but if I remember correctly, you should already know what percetages are covered by one, two, three SD's, etc. in all cases, and I suspect you work more or less based on that thought process.
  • Jun 12, 2009, 07:15 AM
    Jennio2875

    I still don't get it
  • Jun 12, 2009, 07:38 AM
    galactus
    Just use the formula , then look up the corresponding value in the body of the z table.

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