Question

The U.S. Bureau of Labor Statistics released hourly wage figures for various countries for workers in the manufacturing sector. The hourly wage was $30.67 for Switzerland, $20.20 for Japan, and $23.82 for the U.S. Assume that in all three countries, the standard deviation of hourly labor rates is $3.00.

a.Suppose 38 manufacturing workers are selected randomly from across Switzerland and asked what their hourly wage is. What is the probability that the sample average will be between $30.00 and $31.00?
b. Suppose 38 manufacturing workers are selected randomly from across Japan. What is the probability that the sample average will exceed $21.00?
c. Suppose 50 manufacturing workers are selected randomly from across the United States. What is the probability that the sample average will be less than $23.00?

Answer 1

a) P(30

=

= 0.6668

b) P(x>21)

=

= 0.0501

c) P(x<23)

=

= 0.0266