SOLUTION: In a survey of a company, mean salary of employees is $29,321 with SD of $2,120. Consider the sample of 100 employees and find the probability that their mean salary will be less t

Algebra ->  Statistics  -> Describing-distributions-with-numbers -> SOLUTION: In a survey of a company, mean salary of employees is $29,321 with SD of $2,120. Consider the sample of 100 employees and find the probability that their mean salary will be less t      Log On


   



Question 1161982: In a survey of a company, mean salary of employees is $29,321 with SD of $2,120. Consider the sample of 100 employees and find the probability that their mean salary will be less than $29,000?

Answer by Edwin McCravy(20056) About Me  (Show Source):
You can put this solution on YOUR website!

On your TI-84,

press 2nd vars 2

lower:-1E99           <--for the E, press 2nd, then press the comma key.
upper:29000
μ:29321
σ:2120/√(100)         <--for √( press 2nd then x² 
Paste                 <--scroll down with down arrow key to highlight Paste

press enter

normalcdf(-1E99,29000,29321,2120/√(100))

press enter

0.0649938037          <--answer

Edwin