Find the probability and interpret the results. If convenient, use technology to find the probability. The population mean annual salary for environmental compliance specialists is about $60,000. A random sample of 37 specialists is drawn from this population. What is the probability that the mean salary of the sample is less than $57,500? Assume o = $5,900. %3D The probability that the mean salary of the sample is less than $57,500 is ||| (Round to four decimal places as needed.)
Continuous Probability Distributions
Probability distributions are of two types, which are continuous probability distributions and discrete probability distributions. A continuous probability distribution contains an infinite number of values. For example, if time is infinite: you could count from 0 to a trillion seconds, billion seconds, so on indefinitely. A discrete probability distribution consists of only a countable set of possible values.
Normal Distribution
Suppose we had to design a bathroom weighing scale, how would we decide what should be the range of the weighing machine? Would we take the highest recorded human weight in history and use that as the upper limit for our weighing scale? This may not be a great idea as the sensitivity of the scale would get reduced if the range is too large. At the same time, if we keep the upper limit too low, it may not be usable for a large percentage of the population!
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