Answer to Question #173733 in Statistics and Probability for Rustom

Question #173733

Solve the problem below.


The average monthly salary for a newly hired teacher in a private school is P18,000. If the hiring salary at this school is normally distributed with a standard deviation of P3,000, what is the probability that a newly hired employee randomly selected from a list receives a monthly salary which is less than P15,000?


Write your solution here:


1
Expert's answer
2021-03-26T10:29:42-0400

We have that:

"\\mu=18000"

"\\sigma=3000"

"P(X<15000)=P(Z<\\frac{x-\\mu}{\\sigma})=P(Z<\\frac{15000-18000}{3000})=P(Z<-1)=0.1587"


Answer: the probability that a newly hired employee receives a monthly salary less than P15,000 is 15.87%.


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