In: Statistics and Probability
Find the probability and interpret the results. If convenientt, use technology to find the probability. The population mean annual salary for environmental compliance specialists is about
$62,500. A random sample of 33 specialists is drawn from this population. What is the probability that the mean salary of the sample is less than $59,500? Assume
σ = $6,000. The probability that the mean salary of the sample is less than $59,500 is
Solution :
Given that ,
mean =
= 62500
standard deviation =
= 6000
n = 33
= 62500 and
=
/
n = 6000 /
33 = 1044.466
P(
< 59500) = P((
-
) /
< (59500 - 62500) / 1044.466)
= P(z < -2.87)
Using standard normal table,
P(
< 59500) = 0.0021
Probability = 0.0021