document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1159880>Question 1159880</A>: <I><SPAN STYLE=\"word-break: break-all;\">                                                The incomes of junior executives in a large corporation are normally distributed with a standard deviation of $1,200. A cutback is pending, at which time those who earn less  than $15,000 are to be discharged. If such a cut represents 10% of the junior executives, what is the current mean salary of the group of junior executives                                       </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #782982 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=782982\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 15000 is the 10th percentile of a distribution with unknown mean and sd of $1200<BR>\n" );
document.write( "z(0.10)=(x-mean)/sd<BR>\n" );
document.write( "-1.28=(15000-x)/1200<BR>\n" );
document.write( "-1536=15000-x<BR>\n" );
document.write( "x=$16,536 mean salary. </SPAN>\n" );
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