How many standard deviations is from the mean

Assignment Help Basic Statistics

Reference no: EM13125271

The average salary of a group of sales people is $32,500 with a standard deviation of $2,500. Answer the following:

1. How much would a salesperson make if he/she is 2 standard deviations above the mean?

2. If a person makes $28,000, about how many standard deviations is he/she from the mean?

3. If 1000 sales people were surveyed how many would have a salary within 1 standard deviation of the mean?

Reference no: EM13125271

Questions Cloud

Prepare journal entries to record the transactions : Each fund must account for interfund activity as if it were a separate accounting entity.

Negotiated transfer price among the two divisions : Assuming all of the containers produced by the bottle Division can be sold to outside companies, which of the following is the range at which a negotiated transfer price among the two divisions should occur?

Explain oxidation of elements and their reactions : Explain Oxidation of Elements and Their Reactions, Which element is oxidized and which element is reduced in each of the following reactions?

Annual interest rate associated with the sales discount : In order to make the appropriate decision, the manager computed the annual interest rate associated with the sales discount. This annual rate is approximately ??

How many standard deviations is from the mean : The average salary of a group of sales people is $32,500 with a standard deviation of $2,500. Answer the following: How much would a salesperson make if he/she is 2 standard deviations above the mean?

What is the estimated percent by mass of acetic acid : A sample of vinegar has a freezing point depression of 2.0 degrees C. What is the estimated percent by mass of acetic acid in the vinegar? Molar mass of acetic acid is 60g/mol

Explain standard temperature and pressure of chlorine : Standard Temperature and Pressure of Chlorine, Chlorine is widely used to purify municipal water supplies and to treat swimming pool waters. Suppose that the volume of a particular sample of Cl2 gas is 8.70 L at 895 torr and 240C.

Identify the important structural cost drivers for company : Identify the important structural cost drivers for the company and the related strategic issues that it should address to be competitive.

Define number of moles and conversion : Number of Moles and Conversion, a) Number of moles of carbon atoms in 0.585 moles C4H10

User Account

All Pages