MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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A recent survey showed that the average annual salary 10 years
after bachelor's graduation was $168,000 for men and $117,000
for women. The standard deviation for male graduates' salaries
is $40,000 and for female salaries is $25,000.
a) What is the probability that a random sample of 40 females
will give a sample mean within $10,000 of $117,000?
b) What is the probability that a random sample of 100 males
will give a sample mean less than $164,000?
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Transcribed Image Text:A recent survey showed that the average annual salary 10 years after bachelor's graduation was $168,000 for men and $117,000 for women. The standard deviation for male graduates' salaries is $40,000 and for female salaries is $25,000. a) What is the probability that a random sample of 40 females will give a sample mean within $10,000 of $117,000? b) What is the probability that a random sample of 100 males will give a sample mean less than $164,000?
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