Average annual salary for the worker, Basic Statistics

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Average annual salary for the worker

Assume that the average annual salary for the worker in the United States is $34,000 and that annual salaries for Americans are normally distributed with standard deviation equal to $6,250. Find out the following:

(A) What percentage of Americans earn below $20,000?

(B) What percentage of Americans earn above $43,000?

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Basic Statistics: Average annual salary for the worker

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Basic Statistics: Average annual salary for the worker

Reference No:- TGS0850569

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Recent Questions Asked Basic Statistics

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Request for Solution File

Ask an Expert for Answer!!

Basic Statistics: Average annual salary for the worker

Reference No:- TGS0850569

Recent Questions Asked Basic Statistics

Q : Exponential probability distribution

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Q : Determine area of circle and ellipse using equation

Q : Average annual salary for the worker

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