14. The salaries of employees in a large company are normally distributed with a mean of $s0,000 and a standard deviation of $4,000. What is the z-value for a person who makes $43,175? a-1.37 b. 037 e. -1.71 d. -1.25 e. 62 15. Use a ztable to determine the percentage of employees at this company that make less than S43,175. a 0461 b. 0422 e. 0440 d. 0436 e. 0491 16. Use the z-table to determine the percentage of employees that make MORE than $43,175. If you draw a blank, read the instructions at the bottom of your z-table. a 9547 ь. 9564 C. 9560 d. 9525 e. 9566

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please answer numbers 14-16. they are counted as 1 question per chart

The standard normal distribution is a continuous distribution with a mean of 0 and a standard deviation of 1.
The following is true:
About 68% of all outcomes lie within 1 St.Dev.
About 95% of all outocomes lie within 2 St.Devs.
About 99.7% of all outcomes lie within 3 St. Devs.
The probability/percentage/percentile for a normal distribution is the area under the curve. You will ALWAYS
BE CALCULATING OVER AN INTERVAL.
Values outside of 2 St.Devs. are considered "unusual values."
Recall that -H _ value – mean
SI.Dev
salaries of employees in a large company are normally distributed with a mean of $50,000 and a
standard deviation of $4,000. What is the z-value for a person who makes $43,175?
14.
a. -1.37
b. -.037
e. -1.71
d. -1.25
c. 62
15. Use a z-table to determine the percentage of employees at this company that make less than $43,175.
a. 0461
b. 0422
c. .0440
d. 0436
e. 0491
16. Use the z-table to determine the percentage of employees that make MORE than $43,175. If you draw a
blank, read the instructions at the bottom of your z-table.
a. 9547
b. 9564
c. 9560
d. 9525
e. 9566
Transcribed Image Text:The standard normal distribution is a continuous distribution with a mean of 0 and a standard deviation of 1. The following is true: About 68% of all outcomes lie within 1 St.Dev. About 95% of all outocomes lie within 2 St.Devs. About 99.7% of all outcomes lie within 3 St. Devs. The probability/percentage/percentile for a normal distribution is the area under the curve. You will ALWAYS BE CALCULATING OVER AN INTERVAL. Values outside of 2 St.Devs. are considered "unusual values." Recall that -H _ value – mean SI.Dev salaries of employees in a large company are normally distributed with a mean of $50,000 and a standard deviation of $4,000. What is the z-value for a person who makes $43,175? 14. a. -1.37 b. -.037 e. -1.71 d. -1.25 c. 62 15. Use a z-table to determine the percentage of employees at this company that make less than $43,175. a. 0461 b. 0422 c. .0440 d. 0436 e. 0491 16. Use the z-table to determine the percentage of employees that make MORE than $43,175. If you draw a blank, read the instructions at the bottom of your z-table. a. 9547 b. 9564 c. 9560 d. 9525 e. 9566
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