Assume that the salaries of elementary school teachers in the United States are normally distributed with a mean of $32,000 and a standard deviation of $3000. If 100 teachers are randomly selected, find the probability that their mean salary is greater than $32,500.
Given,
= 32000 , = 3000
Using central limit theorem,
P( < x) = P(Z < ( x - ) / ( / sqrt(n) ) )
So,
P( > 32500) P(Z > (32500 - 32000) / (3000 / sqrt(100) ) )
= P(Z >1.67)
= 0.0475
Assume that the salaries of elementary school teachers in the United States are normally distributed with...
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