Question #238068

The monthly salaries of the employees at Lyman Limited follow a normal distribution with an average salary of R 14 000 and a standard deviation of R 500. ,If a female employee claims to be in the top 10% of highest paid employees at the company, what must be her minimum monthly salary


1
Expert's answer
2021-09-21T02:38:23-0400

μ=14000σ=500Z=xμσ\mu = 14000 \\ \sigma= 500 \\ Z= \frac{x- \mu}{\sigma}

For the top 10% P=0.90

From Z table:

1.28=x14000500x=14000+(1.28×500)=146401.28 = \frac{x-14000}{500} \\ x = 14000 + (1.28 \times 500) \\ = 14640


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