Assuming that workers' salaries in your company are uniformly distributed between $10,000 and $40,000 per year. Find the amount of money that 25% of the workers make more than that value?
Assuming that workers' salaries in your company are uniformly distributed between $10,000 and $40,000 per year. Find the amount of money that 25% of the workers make more than that value?
ChapterP: Prerequisites
SectionP.6: The Rectangular Coordinate System And Graphs
Problem 7ECP
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- Assuming that workers' salaries in your company are uniformly distributed between $10,000 and $40,000 per year. Find the amount of money that 25% of the workers make more than that value?
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Step 1
X is uniformly distributed between (10000,40000).
P(x>X) = 0.25, find x
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