The u.s. Bureau of labor statistics reported the mean hourly wage rate for individuals in executive, administrative, and managerial occupations is $26. Assume the population mean is $26 and the population standard deviation is $4. A sample of 115 individuals in executive, administrative, and managerial occupation will be selected. What is the probability that the sample mean will be greater than $27?

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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The u.s. Bureau of labor statistics reported the mean hourly wage rate for individuals in executive,
administrative, and managerial occupations is $26. Assume the population mean is $26 and the population
standard deviation is $4. A sample of 115 individuals in executive, administrative, and managerial
occupation will be selected. What is the probability that the sample mean will be greater than $27?
Transcribed Image Text:The u.s. Bureau of labor statistics reported the mean hourly wage rate for individuals in executive, administrative, and managerial occupations is $26. Assume the population mean is $26 and the population standard deviation is $4. A sample of 115 individuals in executive, administrative, and managerial occupation will be selected. What is the probability that the sample mean will be greater than $27?
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