Question 1043034: Find the probability and interpret the results. If convenient, use technology to find the probability.
The population mean annual salary for environmental compliance specialists is about $62,000. A random sample of 35 specialists is drawn from this population. What is the probability that the mean salary of the sample is less than $60,000? Round to four decimal places as needed.
Found 2 solutions by stanbon, tdadderio:
Answer by stanbon(75887)   (Show Source):
You can put this solution on YOUR website! The population mean annual salary for environmental compliance specialists is about $62,000. A random sample of 35 specialists is drawn from this population. What is the probability that the mean salary of the sample is less than $60,000? Round to four decimal places as needed.
z(60,000) = (60000-62000)/[s/sqrt(35)]
Note: Your post is missing the std of the population.
Cheers,
Stan H.
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Answer by tdadderio(1) (Show Source):
You can put this solution on YOUR website! The population mean annual salary for environmental compliance specialists is about $62,000. A random sample of 35 specialists is drawn from this population. What is the probability that the mean salary of the sample is less than $60,000? Round to four decimal places as needed.
z(60,000) = (60000-62000)/[s/sqrt(35)]
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