The monthly income of 5,000 workers at the Microsoft development plant are distributed normally. The mean monthly income is $12,500 and the standard deviation is $2,500. 1) What is the range of income for one standard deviation away from the mean? 2) What is the range of income for two standard deviations away from the mean? 3) What is the range of income for three standard deviations away from the mean?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 7PPS
icon
Related questions
Question
The monthly income of 5,000 workers at the Microsoft development plant are distributed normally. The
mean monthly income is $12,500 and the standard deviation is $2,500.
1) What is the range of income for one standard deviation away from the mean?
2) What is the range of income for two standard deviations away from the mean?
3) What is the range of income for three standard deviations away from the mean?
Transcribed Image Text:The monthly income of 5,000 workers at the Microsoft development plant are distributed normally. The mean monthly income is $12,500 and the standard deviation is $2,500. 1) What is the range of income for one standard deviation away from the mean? 2) What is the range of income for two standard deviations away from the mean? 3) What is the range of income for three standard deviations away from the mean?
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 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