Basic Business Statistics, Student Value Edition
Basic Business Statistics, Student Value Edition
14th Edition
ISBN: 9780134685113
Author: Mark L. Berenson, David M. Levine, David F. Stephan, Kathryn Szabat
Publisher: PEARSON
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Chapter 6, Problem 41PS

According to the same Glassdoor source mentioned in Problem 6.34, the mean monthly pay for interns at Facebook is $ 6 , 589. Suppose that the intern monthly pay is normally distributed, with a standard deviation of $ 500. What is the probability that the monthly pay of an intern at Facebook is

a . less than $ 5 , 900 ? b . between $ 5 , 700 and $ 6 , 100 ? c . above $ 6 , 500 ? d . Ninety-nine percent of the intern montly pays are higher than what value? e . Ninety-five percent of the intern monthly pays are between what two values, symmetrically distributed  around the mean? f . Compare the results for intel interns computed in Problem 6 .34 to those of Facebook interns .

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Basic Business Statistics, Student Value Edition

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