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