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Problems based on normal distribution applies

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Reference no: EM13800097

The average pay per hour for an employee in the packaging and shipping department of XYZ Corporation is $12.88 with a standard deviation of $0.95. Assume normal distribution applies

Compute the pay per hour which the top 5% of the employees make that much or more.
$13.23

$14.44

$9.86

$15.17

What is the probability that an employee's pay is $12.88 per hour?
0

0.50

Greater than 0.5

Higher than 0, but less than 0.5

Demand for a product is normally distributed with mean demand equal to 200 units. There is a 0.95 probability that demand for this produce is between 180 to 220 units. Estimate the probability that demand for this product will exceed 195 units?
0.228

0.438

0.688

0.189

Reference no: EM13800097

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