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Question: According to the Bureau of Labor Statistics, it takes an average of 22 weeks for someone over 55 to find a new job, compared with 16 weeks for younger workers (The Wall Street Journal, September 2 , 2008). Assume that the probability distributions are normal and that the standard deviation is 2 weeks for both distributions.

a. What is the probability that it takes a worker over the age of 55 more than 19 weeks to find a job?

b. What is the probability that it takes a younger worker more than 19 weeks to find a job?

c. What is the probability that it takes a worker over the age of 55 between 23 and 25 weeks to find a job?

d. What is the probability that it takes a younger worker between 23 and 25 weeks to find a job?

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Management Theories, Management Studies

Category:- Management Theories
Reference No.:- M92269410

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