document.write( "Question 838673: You are applying for a job at two companies. Company A offers salaries with a mean of 46000 and a standard deviation of 2500 and company B offers salaries with a mean of 46000 and a standard deviation of 5000. Which company is most likely to offer a starting salary less than 38,000? \n" ); document.write( "
Algebra.Com's Answer #505232 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! You are applying for a job at two companies. Company A offers salaries with a mean of 46000 and a standard deviation of 2500 \n" ); document.write( "z(38000) = (38000-46000)/2500 = -3.2 \n" ); document.write( "--------------------------------- \n" ); document.write( "and company B offers salaries with a mean of 46000 and a standard deviation of 5000. \n" ); document.write( "z(38000) = (38000-46000)/5000 = -1.6 \n" ); document.write( "----\r \n" ); document.write( "\n" ); document.write( " Which company is most likely to offer a starting salary less than 38,000? \n" ); document.write( "Company A:: P(z < -3.2) = 0.000687 \n" ); document.write( "--- \n" ); document.write( "Company B:: P(z < -1.6) = 0.0548 \n" ); document.write( "------ \n" ); document.write( "Ans: Company B \n" ); document.write( "=================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "=================== \n" ); document.write( " \n" ); document.write( " |