Reference no: EM132248124
The average salary of merchandisers is $51,000 per year with a standard deviation of $8000.
a. What is the probability that a merchandiser earns more than $63,000 per year? (Round z-score computation to 2 decimal places and the final answer to 4 decimal places.)
Probability
b. What is the probability that a merchandiser earns less than $40,000 per year? (Round z-score computation to 2 decimal places and the final answer to 4 decimal places.)
Probability
c. What is the probability that a merchandiser earns between $44,000 and $58,000 per year? (Round z-score computation to 2 decimal places and the final answer to 4 decimal places.)
Probability
d. What is the probability that a merchandiser will earn between $42,000 and $60,000 per year? (Round z-score computation to 2 decimal places and the final answer to 4 decimal places.)
Probability
e. What is the average salary below which 17% of the merchandisers earn? (Round the final answer to the nearest whole number.)
Salary $
f. What is the average salary above which the top 9% of the merchandisers earn? (Round the final answer to the nearest whole number.)
Salary $