Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

Suppose that the average annual salary for worker in the United States is $35,000 and that the annual salaries for Americans are normally distributed with the standard deviation equal to $6,500. Find out the following:

(A) What percentage of Americans earn below $26,000?

(B) What percentage of Americans earn above $40,000?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M917654

Have any Question? 


Related Questions in Statistics and Probability

A study found that consumers spend an average of 24 per

A study found that consumers spend an average of $24 per week in cash without being aware of where it goes. Assume that the amount of cash spent without being aware of where it goes is normally distributed and that the s ...

An accounting professor is notorious for being stingy in

An accounting professor is notorious for being stingy in giving out good letter grades. In a large section of 140 students in the fall semester, she gave out only 5% As, 23% Bs, 42% Cs, and 30% Ds and Fs. Assuming that t ...

1 why can it be argued that the formula for calculating r

1. Why can it be argued that the formula for calculating r should be named the Edgeworth, rather than the Pearson, correlation coefficient? 2. Why may we not interpret or discuss a correlation coefficient that is not sta ...

The university is attempting to set its staffing plan for

The University is attempting to set its staffing plan for the next several year, and it wants to determine if the distribution of students among various graduate majors has changed from the historical averages which were ...

Bob like peggy wants to know if his cookies are special but

Bob, like Peggy, wants to know if his cookies are special, but all he knows are the class average of 21.65 chips per cookie, and his own data for his 10 cookies: 12,14,15,12,12,13,17,15,15,22. Conduct all six steps of hy ...

Historically 25 of all students taking an statistics course

Historically 25% of all students taking an statistics course have failed (i.e. receive a grade below C). Professor Han thinks that she has a better method of teacher statistics to business students. She is given a random ...

At a school pep rally a group of sophomore students

At a school pep rally, a group of sophomore students organized a free raffle for prizes. They claim that they put the names of all the students in the school in the basket and that they randomly drew 36 names out of this ...

Identify a business related management problem translate

Identify a business related management problem translate the management problem into a hypothesis assumption accurately state the null hypothesis and alternative hypothesis.

Suppose that the number of men equals the number of women

Suppose that the number of men equals the number of women. Prove the following claims, or provide counterexamples: (a) For every pair of matchings there exist preference relations for which these are two stable matchings ...

Getting ready for a re-test for applied managerial

Getting ready for a re-test for Applied Managerial Statistics and will need some assistance. It is 24 questions and I have 3 hours once I access it. This should be an advanced question.

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro