SOLUTION: average take-home pay has increased by 4% to reach R14,500, standard deviation of R4000, suggest I was offered a job and expected to get R15,500,what would be the probability?

SOLUTION: average take-home pay has increased by 4% to reach R14,500, standard deviation of R4000, suggest I was offered a job and expected to get R15,500,what would be the probability?

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Question 1153119: average take-home pay has increased by 4% to reach R14,500, standard deviation of R4000, suggest I was offered a job and expected to get R15,500,what would be the probability?

Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!
Find z>= (15500-14500)/4000 or +0.25
That probability is 0.4013
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