Assume that the distribution of hourly wages at Sara Davies, Inc. is bell-shaped, with a mean of
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Assume that the distribution of hourly wages at Sara Davies, Inc. is bell-shaped, with a mean of $15.50 and a standard deviation of $1.25. What percentage of the wage earners at the company earn
a. Between $11.75 and $19.25?
b. Between $14.25 and $16.75?
c. Between $13 and $15.50?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Related Book For
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
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