Statistics Solutions

[See Solution] Assume that the average annual salary for a worker in the United States is $36,000 and that the annual salaries for Americans are normally

Question: Assume that the average annual salary for a worker in the United States is $36,000 and that the annual salaries for Americans are normally distributed with a standard deviation equal to $7,000. Find the following:

  1. What percentage of Americans earn below $26,000?
  2. What percentage of Americans earn above $39,000?

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