Illustration 116. The income of a group of 10,000 persons was found to be normally distributed with Mean Rs. 50. Show that of this Rs. 750 p.m. and Standard deviation = group about 95% had income exceeding Rs. 668 and only 5% had income exceeding Rs. 832. What was the lowest income among the richest 100 ?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 11PPS
icon
Related questions
Question
Fig. 38
Illustration 116.
The income of a group of 10,000 persons was found to be normally distributed
with Mean
Rs. 50. Show that of this
Rs. 750 p.m. and Standard deviation
group
about 95% had income exceeding Rs. 668 and only 5% had income exceeding
Rs. 832.
What was the lowest income among the richest 100 ?
Transcribed Image Text:Fig. 38 Illustration 116. The income of a group of 10,000 persons was found to be normally distributed with Mean Rs. 50. Show that of this Rs. 750 p.m. and Standard deviation group about 95% had income exceeding Rs. 668 and only 5% had income exceeding Rs. 832. What was the lowest income among the richest 100 ?
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 4 images

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill