In: Statistics and Probability
Please post all the work so I can understand the process! Thanks :)
Question 3:
The 9-month salaries at a daycare center are normally distributed with a mean of $18,000 and a standard deviation of $5,000.
a. |
What is the probability that an employee will have a salary between $15,520 and $18,480? |
b. |
What is the probability that an employee will have a salary more than $19,880? |
c. |
What is the probability that an employee will have a salary less than $28,440? |
Solution:
Given, X follows Normal distribution with,
= 18,000
= 5,000
a)
P(15,520 < x< 18,480)
= P(X < 18,480) - P(X < 15,520 )
= P[(X - )/ < (18,480 - 18,000)/5,000] - P[(X - )/ < (15,520 - 18,000)/5,000]
= P[Z < 0.096] - P[Z < -0.496]
= 0.5382 - 0.3099 ..Use z table
= 0.2283
b)
P(X > 19880)
= P[(X - )/ > (19880 - )/]
= P[Z > (19880 - 18,000)/5,000]
= P[Z > 0.376]
= 1 - P[Z < 0.376]
= 1 - 0.6465( use z table)
= 0.3535
c)
P(X < 28,440)
= P[(X - )/ < (28,440 - )/]
= P[Z < (28,440 - 18,000)/5,000]
= P[Z < 2.088]
= 0.9816 ... ( use z table