Question: A recent Gallup study (http://www.gallup.com/poll/175286/hour-workweek-actually longer seven hours.aspx) found the typical American works an average of 46.7 hour per week. The study did not report

A recent Gallup study (http://www.gallup.com/poll/175286/hour-workweek-actually longer seven hours.aspx) found the typical American works an average of 46.7 hour per week. The study did not report the shape of the distribution of hours worked or the standard deviation. It did however indicate that 40% of the workers worked less than 40 hours a week and that 18 percent worked more than 60 hours.
a. If we assume that the distribution of hours worked is normally distributed, and knowing 40% of the workers worked less than 40 hours, find the standard deviation of the distribution.
b.
If we assume that the distribution of hours worked is normally distributed and 18% of the workers worked more than 60 hours, find the standard deviation of the distribution.
c.
Compare the standard deviations computed in parts a and b. Is the assumption that the distribution of hours worked is approximately normal reasonable? Why?

Step by Step Solution

3.40 Rating (159 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

There is about a 50 percent difference ... 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 (2 attachments)

PDF file Icon

1511_605d88e133509_666171.pdf

180 KBs PDF File

Word file Icon

1511_605d88e133509_666171.docx

120 KBs Word File

Students Have Also Explored These Related Statistical Techniques in Business Questions!