Answer to Question #218035 in Statistics and Probability for Yaw

Question #218035
The weekly wages of employees of Volta gold are normally distributed about a mean of $1,250 with a standard deviation of $120. Find the probability of an employee having a weekly wages lying
1) between $1,320 and $970
2) under $1,400
3) over $1,240
1
Expert's answer
2021-07-19T05:49:01-0400

1) "P(970<X<1320)=P(\\frac{970-1250}{120}<Z<\\frac{1320-1250}{120})=P(-2.33<Z<0.58)="

"=P(Z<0.58)-P(Z<-2.33)=0.7091."


2) "P(X<1400)=P(Z<\\frac{1400-1250}{120})=P(Z<1.25)=0.8944."


3) "P(X>1240)=P(Z>\\frac{1240-1250}{120})=P(Z>-0.08)-1P(Z<-0.08)=0.5319."


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS