A random sample of ten employees

Assignment Help Humanities

Reference no: EM131064295

It has been estimated that the average weekly wage in a particular industry is £172 and that the standard deviation is £9. Assuming wages follow a Normal distribution, what is the probability that a random sample of ten employees will have an average weekly wage of £180 or more?

Reference no: EM131064295

Questions Cloud

What were the effects of these conflicts on native american : Compare colonists' "pursuits of happiness" in New England, the Middle colonies, the backcountry, and the South. How did poorer colonists in each of these regions seek to maintain their autonomy from powerful landlords and institutions, and how did..

Problem regarding the saving up for retirement : Let's say that you are saving up for retirement and decided to deposit $3,000 each year for the next 20 years into an account which pays a rate of interest of 8% per year.

Describe power and explain how it relates to leadership : Write a 700- to 1,050-word paper on the interaction among leaders' sources of power, Describe power and explain how it relates to leadership. Describe the various types of power

Changes to an invoicing system an improvement : It has been claimed that only 45 per cent of customers find changes to an invoicing system an improvement. Assuming this is the case, determine the probability that a market research survey of 100 customers will show that 50 per cent or more repor..

A random sample of ten employees : It has been estimated that the average weekly wage in a particular industry is £172 and that the standard deviation is £9. Assuming wages follow a Normal distribution, what is the probability that a random sample of ten employees will have an ave..

Overall amount that bellemans : If this asset is fully depreciated for tax purposes over its useful life, the overall amount that Bellemans will have depreciated for tax purposes is

Depreciation for the second year of the asset life : The Counting House, Inc., purchased 5-year property class equipment for $60,000. It uses the MACRS method of depreciation. What is tax depreciation for the second year of the asset's life?

Significant contributor to gender discrimination : Why is corporate culture considered a significant contributor to gender discrimination? Please use examples/cases to support your response

A random sample of eight business transactions : A random sample of eight business transactions was selected from a large number of such transactions. The degrees of freedom (ν ) and the critical value (cv) using the t-distribution for the 95 per cent confidence interval would be:

User Account

All Pages