document.write( "Question 333949: Assume that the average annual salary for a worker in the United States is $40,000 and that the annual salaries for Americans are normally distributed with a standard deviation equal to $6,500. Find the following:
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document.write( "(A) What percentage of Americans earn below $35,000?
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document.write( "(B) What percentage of Americans earn above $45,000?
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Algebra.Com's Answer #239306 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Assume that the average annual salary for a worker in the United States is $40,000 and that the annual salaries for Americans are that the annual salaries for Americans are normally distributed with a standard deviation equal to $6,500. Find the following:\r \n" ); document.write( "\n" ); document.write( "(A) What percentage of Americans earn below $35,000? \n" ); document.write( "z(35000) = (35000-40000)/6500 = -0.7692 \n" ); document.write( "P(x< 35000) = P(z< -0.7592) = 0.2209 = 22.09% \n" ); document.write( "============================================== \n" ); document.write( "(B) What percentage of Americans earn above $45,000? \n" ); document.write( "z(45000) = (45000-40000)/6500 = +0.7692 \n" ); document.write( "P(x> 45000) = P(z > 0.7692 = 0.2209 = 22.09% \n" ); document.write( "================================================= \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |