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What is the probability that a simple of 50 male graduates

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The Economic Policy Institute periodically issues reports on wages of entry level workers. The institute reported that extry level wages for male college graduates were $21.68 per hour and for female college graduates were $18.80 per hour in 2011. Assume the standard deviation for male graduates is $2.30, and for female graduates it is $2.05.

What is the probability that a simple of 50 male graduates will provide a sample mean within $0.50 of the population mean, $21.68?

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Reference no: EM132847884

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