document.write( "Question 727110: The net worth of senior citizens is normally distributed with mean equal to $225,000 and standard deviation equal to $35,000. What is the probability that a single randomly selected senior citizen will have a net worth less than $300,000 \n" ); document.write( "
Algebra.Com's Answer #444961 by stanbon(75887) ![]() You can put this solution on YOUR website! The net worth of senior citizens is normally distributed with mean equal to $225,000 and standard deviation equal to $35,000. What is the probability that a single randomly selected senior citizen will have a net worth less than $300,000 \n" ); document.write( "------- \n" ); document.write( "z(300,000) = (300,000-225000)/35000 = 75/35 = 2.1429 \n" ); document.write( "--- \n" ); document.write( "P(x > 300,000) = P(z > 2.1429) = 0.0161 \n" ); document.write( "============ \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |