Normally distributed variable

Reference no: EM1311836

The average hourly wage of employees of a certain company is $9.83. Assume the variable is normally distributed. If the standard deviation is $4.58, find the probability that a randomly selected employee earns less than $5.43.

a) 0.313 = 31.3%

b) 0.168 = 16.8%

c) 0.436 = 43.6%

d) 0.345 = 34.5%

Reference no: EM1311836

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