The average high school teacher annual salary is $43,000 (Payscale.com, August 20, 2010). Let teacher salary be
Question:
(Payscale.com, August 20, 2010). Let teacher salary be normally distributed with a standard deviation of $18,000.
a. What percentage of high school teachers make between $40,000 and $50,000?
b. What percentage of high school teachers make more than $80,000?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (14 reviews)
Let X representhi...View the full answer
Answered By
TANYA GUPTA
I have qualified NET and achieved ALL INDIA RANK 5 to become assistant professor in ECONOMICS in any university.
I attained undergraduate degree with distinction.
I had also taken tutions for under privileged students as part of social work.
0.00
0 Reviews
10+ Question Solved
Related Book For
Essentials Of Business Statistics Communicating With Numbers
ISBN: 9780078020544
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly
Question Posted:
Students also viewed these Statistics questions
-
A population of scores is normally distributed with a standard deviation equal to 7. State whether the standard error will increase, decrease, or remain unchanged if the value of the population...
-
Let the random variable X be normally distributed with mean 0 and variance 2. Show that E(X(2k + 1)) = 0, where k = 0, 1, 2,....
-
A college administrator states that the average high school GPA for incoming freshman students is normally distributed with a mean equal to 3.30 and a standard deviation equal to 0.20. If students...
-
i) Starbucks launched its prepaid (debit) Starbucks Card in November 2001. The card, which holds between $5 and $500 can be used at any Starbucks location. Suppose Starbucks management wants to study...
-
Carla plans to invest in a property that after three years will yield $1200 at the end of each month, indefinitely. How much should Carla be willing to pay if alternative investment yields 9%...
-
Using the data in the following table, assume you are using a constant-dollar plan with a rebalancing trigger of $1,500. The stock price represents your speculative portfolio, and the MM mutual fund...
-
Diagnostic Services Inc. (DSI) is a new company. It has been in business for only one year, offering diagnostic services to physicians in the Tampa/St. Petersburg, Miami, and Orlando markets. DSI...
-
Royal company is currently considering declaring a dividend to its common shareholders, according to one of the following plans: 1. Declare a cash dividend of $15 per share. 2. Declare a 10 percent...
-
Constants The aurora is caused when electrons and protons, moving in the earth's magnetic field of 5.0 x 105T, collide with molecules of the atmosphere and cause them to glow. Part B What is the...
-
A ship is pulled at a constant speed by two small boats, A and B, as shown. The engine of the ship does not produce any force. The tension in each cable between A and B and the ship is 4000 N. a....
-
(Use Excel) Let X be normally distributed with = 215 and = 9. In addition to providing the answer, state the relevant Excel commands. a. Find P(X>212). b. Find P(0 X 5). c. Find x such that P(X ...
-
Americans are increasingly skimping on their sleep (National Geographic News, February 24, 2005). A health expert believes that American adults sleep an average of 6.2 hours on weekdays with a...
-
Mercer Corporation acquired $400,000 of Park Companys bonds on June 30, 2019, for $409,991.12. The bonds carry a 12% stated interest rate and pay interest semi-annually on June 30 and December 31....
-
Who should be liable if teachers are not adequately trained and a physical or educational injury occurs as a result?
-
What standard did the Supreme Court apply?
-
What standard did the lower courts in Rowley apply?
-
What would be considered a reasonable fee for photocopying? How would that be determined?
-
How likely is it that the educational agencys decision will be overridden by the courts?
-
Firms often rely on young people to bring new social technologies into the firm. Keep pace with products: try an enterprise messaging tool like Slack, HipChat, or other social service (most have free...
-
Give the products of the following reaction, where T is tritium: dioldehydrase Ad- CH CH3C-COH CoIII) coenzyme B12
-
What is net operating income (NOI)? What are after-tax cash flows? Why do real estate investors prefer to use ATCFs?
-
Why is there a lower limit on the mass of a star? Why is there an upper limit to the mass of a star?
-
We see the constellations as distinct groups of stars. Discuss why they would look entirely different from some other location in the universe, far distant from Earth.
-
Why are the inner planets rocky while the outer planets are gaseous?
-
Suppose the correlation between the stock euro returns of Siemens and the USD/EUR exchange rate is 0.2. The standard deviation of the USD/EUR is 10% and the standard deviation of Siemens's stock euro...
-
list and describe the three key client-related factors that the advisor is required to consider when developing a "suitable" investment portfolio for their client. Please cite resources used
-
Year 1 2 3 Amount ($) 2000 3000 4000 An investment made today will pays you the above cash flows at the end of each year. If your required rate of return is 5% annual interest, how much will you pay...
Study smarter with the SolutionInn App