Probability related to average salary


The incomes in a certain large population of college teachers have a normal distribution with mean $75,000 and standard deviation $10,000. Sixteen (16) teachers are selected at random from this population to serve on a committee. What is the probability that their average salary is more than $77,500?

Solution Preview :

Prepared by a verified Expert
Basic Statistics: Probability related to average salary
Reference No:- TGS0700807

Now Priced at $20 (50% Discount)

Recommended (95%)

Rated (4.7/5)