(See Steps) Assume that the average annual salary for a worker in the United States is $27,500 and that the annual salaries for Americans are normally distributed


Question: Assume that the average annual salary for a worker in the United States is $27,500 and that the annual salaries for Americans are normally distributed with a standard deviation equal to $6,250. Find the following:

  1. What percentage of Americans earn below $18,000?
  2. What percentage of Americans earn above $40,000? Please show all of your work.

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Solution: The downloadable solution consists of 1 pages
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