Question: According to the Organisation for Economic Co operation and Development (OECD), South Koreans worked an average of 2,090 hours per year in 2011 (compared with

According to the Organisation for Economic Co operation and Development (OECD), South Koreans worked an average of 2,090 hours per year in 2011 (compared with 1,787 for workers in the United States). Assume this random variable follows a normal distribution with a standard deviation of 420 hours.

a. What is the probability that a randomly selected South Korean worked

1. Less than 1,800 hours?

2. Between 2,000 and 2,200 hours?

3. Between 1,200 and 1,600 hours?

4. Between 2,300 and 2,500 hours?

b. Confirm the answers to part a using Excel or PHStat.

c. How many hours will a South Korean work if he or she is in the 90th percentile in terms of the hours an average Korean works?

Step by Step Solution

3.59 Rating (181 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

b 1 NORMDIST1800 2090 420 TRUE 02449 b 2 NORMDIST2000 2090 420 T... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

483-M-S-C-P-D (400).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!