The average annual salary for all U.S. teachers is $47,750. Assume that the distribution is normal and the standard deviation
Question:
a. Between $35,000 and $45,000 a year 0.3031
b. More than $40,000 a year 0.9131
c. If you were applying for a teaching position and were offered $31,000 a year, how would you feel (based on this information)? 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...
This problem has been solved!
Do you need an answer to a question different from the above? Ask your question!
Step by Step Answer:
a z 35 000 47 750 5680 2 24 z 45 000 47 750 5680 0 48 p 2 24 z 0 6…View the full answer
Answered By
Michael Mulupi
I am honest,hardworking, and determined writer
72+ Reviews
157+ Question Solved
Related Book For 
View Solution
Create a free account to access the answer
Cannot find your solution?
Post a FREE question now and get an answer within minutes.
* Average response time.
Question Posted: September 02, 2015 03:48:46