For a certain year, the average annual salary in Pennsylvania was $25,000. Assume that the salaries were normally distributed for a certain group of wage earners and that the standard deviation of this group was $4400. Use the formulas Z= (x-μ) / σ Z= (x̄ - μ) ÷ (μ / √n) a) Find the probability that, a randomly selected individual earned less than $26,000. b) Find the probability that, for a randomly selected sample of 25 individuals, the mean salary was less than $26000. c) Why is the probability for part b higher than the probability for part
For a certain year, the average annual salary in Pennsylvania was $25,000. Assume that the salaries were normally distributed for a certain group of wage earners and that the standard deviation of this group was $4400. Use the formulas Z= (x-μ) / σ Z= (x̄ - μ) ÷ (μ / √n) a) Find the probability that, a randomly selected individual earned less than $26,000. b) Find the probability that, for a randomly selected sample of 25 individuals, the mean salary was less than $26000. c) Why is the probability for part b higher than the probability for part
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 14PPS
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For a certain year, the average annual salary in Pennsylvania was $25,000.
Assume that the salaries were
Use the formulas
Z= (x-μ) / σ
Z= (x̄ - μ) ÷ (μ / √n)
a) Find the probability that, a randomly selected individual earned less than $26,000.
b) Find the probability that, for a randomly selected sample of 25 individuals, the mean salary was less than $26000.
c) Why is the probability for part b higher than the probability for part a?
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