In: Statistics and Probability
A sample of 100 workers received an average daily wage of $234. The distribution of the weekly wages is a bell-shaped normal curve. The standard deviation of the daily wages is $12.
(a) Approximately what percentage of workers will earn between $222 and $258?
(b) Approximately what percentage of the workers will earn less than $222 or more than $258?
(c) Approximately how many workers will earn between $222 and $258?
Solution:
Given:
Sample size = n = 100
Sample mean =
The distribution of the weekly wages is a bell-shaped normal curve.
standard deviation = s = 12
Part a) Approximately what percentage of workers will earn between $222 and $258?
that is find:
P( 222 < X < 258) =..........?
Find number of standard deviations that x values lies from mean value.
and
thus x values 222 and 258 are 1 standard deviation below mean and 2 standard deviation above mean respectively.
According to Empirical rule:
1) 68% of the data falls within 1 standard deviation from mean
2) 95% of the data falls within 2 standard deviation from mean
3) 99.7% of the data falls within 3 standard deviation from mean
Thus 68% of the data falls within 1 standard deviation from mean, then its half of area is between 1 standard deviation below mean to mean ,
that is: 68%/2=32% area is between 1 standard deviation below mean to mean.
and 95% of the data falls within 2 standard deviation from mean, then its half of area is between 1 standard deviation above mean to mean ,
that is: 95%/2=47.5% area is between 2 standard deviation above mean to mean.
Thus total area from 1 standard deviation above mean to 2 standard deviation above mean = 32%+47.5%=79.5%
Thus Approximately 79.5 percentage of workers will earn between $222 and $258.
Part b) Approximately what percentage of the workers will earn less than $222 or more than $258?
We have 79.5 percentage of workers will earn between $222 and $258. then percentage of the workers will earn less than $222 or more than $258 = 100% - 79.5% = 20.5%
Part c) Approximately how many workers will earn between $222 and $258?
We have:
79.5 percentage of workers will earn between $222 and $258.
thus 79.5% of 100 workers = 79.5 = 80
Approximately 80 workers will earn between $222 and $258