Discuss the below:
The industry average salary is $140,000, and the standard deviation of salaries in the industry is $20,000.
Q1: What is the probability that a single executive will earn $130,000 or more?
Q2: What is the value of the standard error of the mean for this problem?
Q3: What is the probability that any sample mean of salaries of any 15 executives will be equal to or more than $130,000 per year?
Attachment:- random sample.rar