SOLUTION: The average hourly wage of employees of a certain company is $9.83. Assume the variable is normally distributed. If the standard deviation is $4.58, find the probability that a

Question 227099: The average hourly wage of employees of a certain company is $9.83. Assume the variable is normally distributed. If the standard deviation is $4.58, find the probability that a randomly selected employee earns less than $5.43.
Answer by Theo(13342) (Show Source): You can put this solution on YOUR website!
Average iss $9.83.

Normal distribution.

Standard deviation is $4.58.

Probability that a randomly selected employee earns less than $5.43 is.....

.168352

Click on the following hyperlink to go to a tool that helps you calculate these things.

It's called a z-table calculator.

Z Table Normal Distribution Table Calculator

Enter 9.83 into the mean input box.

Enter 4.58 into the standard deviation input box.

Enter 5.43 in the below input box.

Select Below

Your answer pops out underneath all the selections in blue.

This is the top chart at that website. Bottom chart is for other analyses.

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