The average annual salary for all U.S. teachers is $47,750. Assume that the distribution is normal and the standard deviation
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...
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Question Posted: September 02, 2015 03:48:46