24. Weekly paycheck: The Bureau of Labor Statistics reported that in a recent year, the median weekly earnings for people employed full time in the United States was $837. a. What proportion of full-time employees had weekly earnings of more than $837? b. A sample of 150 full-time employees is chosen. What is the probability that more than 55% of them earned more than $837 per week? c. What is the probability that less than 60% of the sample of 150 employees earned more than $837 per week?

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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ONLY DO PROBLEM C

24. Weekly paycheck: The Bureau of Labor Statistics reported that in a recent year, the median weekly earnings for people employed full
time in the United States was $837.
a. What proportion of full-time employees had weekly earnings of more than $837?
b. A sample of 150 full-time employees is chosen. What is the probability that more than 55% of them earned more than $837 per
week?
c. What is the probability that less than 60% of the sample of 150 employees earned more than $837 per week?
Transcribed Image Text:24. Weekly paycheck: The Bureau of Labor Statistics reported that in a recent year, the median weekly earnings for people employed full time in the United States was $837. a. What proportion of full-time employees had weekly earnings of more than $837? b. A sample of 150 full-time employees is chosen. What is the probability that more than 55% of them earned more than $837 per week? c. What is the probability that less than 60% of the sample of 150 employees earned more than $837 per week?
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