SOLUTION: Vail Resorts pays part-time seasonal employees at ski resorts on an hourly basis. At a certain mountain, the hourly rates have a normal distribution with a standard deviation of $4

Algebra.Com
Question 429444: Vail Resorts pays part-time seasonal employees at ski resorts on an hourly basis. At a certain mountain, the hourly rates have a normal distribution with a standard deviation of $4.00. If 30 percent of all part-time seasonal employees make more than $14.00 an hour, what is the average hourly pay rate at this mountain?
Answer by ewatrrr(24785)   (Show Source): You can put this solution on YOUR website!

Hi
hourly rates have a normal distribution with a standard deviation of $4.00
30 percent of all part-time seasonal employees make more than $14.00 an hour
P(all part-time seasonal employees make more than $14.00 an hour) = .30
then correspondingly z = .5244

($14 - μ)/$4 = .5244
$14 - 4(.5244) = μ
$11.90 = μ
RELATED QUESTIONS

You are a crew at acts 12:7 convenience store that pays an hourly wage of ₱45.00 and... (answered by josgarithmetic)
My professor changed the question from the one I previously submitted. Can someone help... (answered by Mathtut)
Hi Can someone please help me. I have the following questions 1. In a survey... (answered by rfer)
In a survey of 75 resorts, it was reported that: 34 provided refrigerators in the... (answered by Mathtut)
please show me how t1.In a survey of 75 resorts, it was reported that: 45 provided... (answered by jim_thompson5910)
In a survey of 75 resorts, it was reported that: 45 provided refrigerators in the... (answered by solver91311)
) In a survey of 75 resorts, it was reported that: 45 provided refrigerators in the... (answered by solver91311)
In a survey of 75 resorts, it was reported that: 45 provided refrigerators in the guest (answered by rfer)
In a survey of 75 resorts, it was reported that: 45 provided refrigerators in the... (answered by jim_thompson5910)