(Solved) It is known that the average weekly rate of US production worker is $600. Assume that the distribution of wage is normal with a standard deviation


Question: It is known that the average weekly rate of US production worker is $600. Assume

that the distribution of wage is normal with a standard deviation of $100.

  1. What is the median weekly wage rate?
  2. What is the probability that a production worker earn between $500 and $800?
  3. What is the probability that a production worker earn more than $800?
  4. What percent of production workers earn more than $1000 per week?
  5. What is the probability that a sample of size 50 workers has an average weekly salary of more than $700.

Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document

log in to your account

Don't have a membership account?
REGISTER

reset password

Back to
log in

sign up

Back to
log in