In: Statistics and Probability
Salaries for teachers in a particular elementary school district are normally distributed with a mean of $42,000 and a standard deviation of $5,700. We randomly survey ten teachers from that district. (Round your answers to the nearest dollar.)
(a) Find the 90th percentile for an individual
teacher's salary.
$ =
(b) Find the 90th percentile for the average teacher's
salary.
$ =
Solution:-
Given that,
mean = = $ 42000
standard deviation = = $ 5700
Using standard normal table,
P(Z < z) = 90%
= P(Z < z) = 0.90
= P(Z < 1.28) = 0.90
z = 1.28
Using z-score formula,
x = z * +
x = 1.28 * 5700 + 42000
x = $ 49296
b) n = 10
= = $ 42000
= / n = 5700 / 10 = 1802.50
Using z-score formula
= z * +
= 1.28 * 1802.50 + 42000
= $ 44307