Question: Find the probability and interpret the results. Ifconvenient, use technology to find the probability. The population mean annual salary for environmental compliance specialists is about
Find the probability and interpret the results. Ifconvenient, use technology to find the probability.
The population mean annual salary for environmental compliance specialists is about $64,000. A random sample of 38 specialists is drawn from this population. What is the probability that the mean salary of the sample is less than $60,000? Assume =$6,500.
The probability that the mean salary of the sample is less than $60,000 is
nothing
.
(Round to four decimal places asneeded.)
Interpret the results. Choose the correct answer below.
A.
About 1% of samples of 38 specialists will have a mean salary less than $60,000. This is not an unusual event.
B.
Only 1% of samples of 38 specialists will have a mean salary less than $60,000. This is an extremelyunusual event.
C.
Only 0.01% of samples of 38 specialists will have a mean salary less than $60,000. This is an extremelyunusual event.
D.
About 0.01% of samples of 38 specialists will have a mean salary less than $60,000. This is not an unusual event.
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