Question #80498

The mean monthly salary of the employees of a local library is R 4800. Assuming that the salaries are approximately normally distributed with a standard deviation of R 500, approximately what percentage of these workers earn monthly salaries in excess of R 6000?

Expert's answer

Answer on Question #80498 – Math – Statistics and Probability

Question

The mean monthly salary of the employees of a local library is R 4800. Assuming that the salaries are approximately normally distributed with a standard deviation of R 500, approximately what percentage of these workers earn monthly salaries in excess of R 6000?

Solution

Salary has distribution XN(4800,5002)X \sim N(4800,500^2)

Denote F(x)=x+12πex2/2dxF(x) = \int_{x}^{+\infty} \frac{1}{\sqrt{2\pi}} e^{-x^2 / 2} dx. The values of FF can be found in tables.

Then P(X>6000)=P(X4800500>60004800500)=P(z>2.4)=F(2.4)=0.0082P(X > 6000) = P\left(\frac{X - 4800}{500} > \frac{6000 - 4800}{500}\right) = P(z > 2.4) = F(2.4) = 0.0082

The percentage is 0.82%0.82\%.

Answer: 0.82%0.82\%.

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