 |
|
| Browse | Ask | Answer | Search | Join/Login |
|
|
||||
|
business statistics
Can someone please help me get the answers that were given in class. I keep trying but are unable to arrive at these answers.
-According to the Bureau of Labor Statistics, the average weekly pay for a U.S. production worker was $441.84. Assume that available data indicate that production worker wages were normally distributed with a standard deviation of $90. a.) What is the probability that a worker earned between $400 and $500? Answer: .4194 b.) How much did a production worker have to earn to be in the top 20 % of wage earners? My answer: 517.44 or more c.) For a randomly selected production worker, what is the probability the worker earned less than $250 per week? Answer: .0166 |
||||
Check out some similar questions!
Business to business vs Business to Consumer retail
[ 1 Answers ]
How does Business to business retail differ from business to consumer retail?
Statistics
[ 2 Answers ]
Chicken Delight claims that 90% of its orders are delivered within 10 minutes of the time the order is placed. A sample of 100 orders revealed that 82 were delivered within the promised time. At the 0.10 significance level, can we conclude that less than 90% of the orders are delivered in less...
View more questions Search
| Question Tools | Search this Question |
Add your answer here.
|
