What is the probability that the sample average will exceed

Assignment Help HR Management
Reference no: EM132876763

The U.S. Bureau of Labor Statistics released hourly wage figures for various countries for workers in the manufacturing sector. The hourly wage was $30.67 for Switzerland, $20.20 for Japan, and $23.82 for the U.S.

Assume that in all three countries, the standard deviation of hourly labor rates is $4.00.

a. Suppose 43 manufacturing workers are selected randomly from across Switzerland and asked what their hourly wage is. What is the probability that the sample average will be between $30.00 and $31.00?

b. Suppose 33 manufacturing workers are selected randomly from across Japan. What is the probability that the sample average will exceed $21.00?

c. Suppose 50 manufacturing workers are selected randomly from across the United States. What is the probability that the sample average will be less than $22.75?

Reference no: EM132876763

Questions Cloud

What are steps necessary to establish a malware-free device : How should Always Fresh verify that a client computer or device is compliant? What are the steps necessary to establish a malware-free computer?
Organization to produce better quality goods and services : What Deming describes in this quote, thus enabling our organization to produce better quality goods and/or services.
What do you believe it takes for a leader to be effective : What do you believe it takes for a leader to be effective as leader of change?
Summarize network security controls in a summary report : Summarize your network security controls in a summary report to management. You must provide rationale for your choices by explaining
What is the probability that the sample average will exceed : The U.S. Bureau of Labor Statistics released hourly wage figures for various countries for workers in the manufacturing sector. The hourly wage was $30.67 for S
Benchmarking more efficient in improving processes : How is Benchmarking more efficient in improving processes in an organization? How does it save time?
What is the Statement of Revenues : What is the Statement of Revenues, Expenditures, and Changes in Fund Balances for the General Fund for the City of Clinton for the Year Ended December 31, 2012
Account can be risky proposition for seller : Although an open account can be a risky proposition for the seller/exporter, what could the BENEFITS be for you as an exporter?
Discuss the different categories of security controls : Give an everyday example of risk analysis that you do every day. For example, should you wear a seatbelt when driving a block or two?

Reviews

Write a Review

HR Management Questions & Answers

  Job requirements job analysis

The term essential functions refers to the fundamental job duties of the employment position the individual with a disability holds or desires

  How did it affect you

What did the leader say or do to perpetuate that feeling in your relationship?

  You have been hired to assess the overall health and

you have been hired to assess the overall health and performance of a major grocery store chain. what management tools

  What legal requirements must an organization meet

What legal requirements must an organization meet and Which of these do you think would be most challenging for a small start-up Company? Why?

  Design your own page organ transplant waiting list criteria

What happens if a patient exaggerates his or her condition in order to receive preferential treatment on the list?

  Identifying and setting up a support system

Who can help you identify your strengths and your areas for improvement? Who can help hold you accountable?

  Explain the importance of hrm

You have now completed HRM 500! In your own words, explain the importance of HRM to any organization then determine a HRM function that interest you as a future career. Explain your rationale.

  Applications and accounting for management techniques

Outsourcing - Write a paper involving principles, examples, applications and Accounting for Management techniques.

  What are the risk-management tools used in health care

Explain challenges in making risk- and quality-management decisions in the health care industry. What are the advantages and disadvantages of the tools selected

  Does capitalism have to go before we can save the planet

Is it necessary to be an anarchist to be a genuine environmentalist?Does capitalism have to go before we can save the planet?

  How would you define sexual harassment

How would you define sexual harassment? What is the legal definition? Does the complaint in the scenario fall under the definition of sexual harassment?

  Make a distinction between judgments based on ethics and

make a distinction between judgments based upon ethics and moral reasoning and the regulatory system.explain the

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd