What is the probability-a brand manager is houston


Discuss the below:

According to Salary Wizard, the average base salary for a brand manager in Houston, Texas is $88,592 and the average base salary for a brand manager is Los Angeles, California, is $97,417. assume salaries are approximately normally distributed, that the standard deviation for brand managers in Houston is $19,900, and that the standard deviation for brand managers in Los Angeles is $21,800.

a. What is the probability that a brand manager is Houston has a base salary in excess of $100,000?

b. What is the probability that a brand manager in Los Angeles has a base salary in excess of $100,000?

c. What is the probability that a brand manager is Los Angeles has a base salary of less than $75,000?

d. How much would a brand manager in Los Angeles have to make in order to have a higher salary than 99% of the brand managers in Houston?

 

Solution Preview :

Prepared by a verified Expert
Basic Statistics: What is the probability-a brand manager is houston
Reference No:- TGS01892853

Now Priced at $20 (50% Discount)

Recommended (91%)

Rated (4.3/5)