Question: Given that the industry current salary average for executives is $127,000 and the standard deviation of salaries in the industry is $15,000, answer the following questions.

1. (5) Identify: \(\mu =\,\,\,\,\,\,\,\,\,\,\,\,\,\,\sigma =\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\bar{x}=\) s = n =
2. (2) What is the probability that a single executive will earn $135,000 or more?
3. (2) What is the probability that a sample mean salary of 18 executives will be more than $135,000 per year?
4. (2) What is the value of the standard error of the mean for part C above?

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