According to reports by interns to an employment website, the mean monthly pay of interns at Company X is $3,585. Suppose that the intern monthly pay is normally distributed, with a standard deviation of $450. Complete parts (a) through (e) below. a. What is the probability that the monthly pay of an intern at Company X is less than $3,400? 0.3405 (Round to four decimal places as needed.) b. What is the probability that the monthly pay of an intern at Company X is between $3,250 and $3,700? 0.3729 (Round to four decimal places as needed.) c. What is the probability that the monthly pay of an intern at Company X is greater than $4,000? 0.1788 (Round to four decimal places as needed.) d. Ninety-two percent of the monthly intern pays are higher than what value? $(Round to the nearest dollar as needed.)
According to reports by interns to an employment website, the mean monthly pay of interns at Company X is $3,585. Suppose that the intern monthly pay is normally distributed, with a standard deviation of $450. Complete parts (a) through (e) below. a. What is the probability that the monthly pay of an intern at Company X is less than $3,400? 0.3405 (Round to four decimal places as needed.) b. What is the probability that the monthly pay of an intern at Company X is between $3,250 and $3,700? 0.3729 (Round to four decimal places as needed.) c. What is the probability that the monthly pay of an intern at Company X is greater than $4,000? 0.1788 (Round to four decimal places as needed.) d. Ninety-two percent of the monthly intern pays are higher than what value? $(Round to the nearest dollar as needed.)
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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