4.A company pays its employees an average wage of $3.25 an hour with a standard deviation of 60 cents.If the wages are approximately normally distributed, determine the following:a proportion of the workers getting wages between $2.75 and $3.69 an hour;b.minimum wage of the highest 5%.↑

Answered: A company pays its employees an average…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

See photo for question details.
Internet providers: In a survey of 992 homeowners with high-speed Internet, the average monthly cost of a high-speed Internet plan was $65.8 with standard deviation $11.14. Assume the plan costs to be approximately bell-shaped. Estimate t number of plans that cost between $43.52 and $88.08. Round to the nearest whole number. The number of plans that cost between $43.52 and $88.08 is
Find the mean and the mean deviation about mean from the following frequency distribution : Weight 50 55 60 65 70 Total No. of persons 1 4 2 2 1 10
The salaries of 1200 pro athletes form a normal distribution with a mean of $79,000 and a standard deviation of $30,000. A "superstar" is defined as anybody in the top 2% of the salary distribution. What is the minimum salary of a superstar? Select one: a. $85,150 b. $140,500 c. $209,000 O d. $109,000
Assume the selling prices of homes in a particular community follow a normal distribution with a mean of $263,100 and a standard deviation of $43,200. Complete parts a through c. a. Determine the range of selling prices in this community that includes one standard deviation around the mean. The range is from $ to $ (Type integers or decimals. Use ascending order.) b. Determine the range of selling prices in this community that includes two standard deviations around the mean. The range is from $ to $ (Type integers or decimals. Use ascending order.) c. Determine the range of selling prices in this community that includes three standard deviations around the mean. The range is from $ to $1. (Type integers or decimals. Use ascending order.)
Fill in missing values in the following statements. The distribution of scores on the test written by a large group of students is skewed with the mean of 55 points and standard deviation of 5 points. Fill in missing values in the following statements. a. According to Tchebysheff's Theorem, at least 75% of scores will fall into the interval between points and points. b. At least c. At most d. At most percent of scores fall between 40 points and 70 points. percent of scores are smaller than 40 points or larger than 70 points. percent of scores are smaller than 40 points. berm
A distribution has mean 100 and standard deviation 3. What is the largest percent of the data that is guaranteed to be between 40 and 160 93.75 96 97.44 99.75 99.99
Answer all questions: 1. What is the range and standard deviation for the following population of scores? Scores: 5,2,5,4
Electricity bills: According to a government energy agenCy 2011 was $110. 10. Assume the amounts are normally distributed with standard deviation $21.00. Use the TI-84 Plus calculator to answer the following. electricity bil in the United States in (a) Find the 7th percentile of the bill amounts. (b) Find the 58th percentile of the bill amounts. (c) Find the median of the bill amounts. Round the answers to at least two decimal places.
9a. For binomially distributed data set, approximately what proportion would be below the mean and also within one standard deviation? 16.5%,25%,33%,50%,66%
Use the following Frequency table to calculate the standerd deviation. Class Frequency 2……4 4 5……7 6 8…….10 3 11…..13 2 14…..16 5
13 see picture

SEE MORE QUESTIONS

Recommended textbooks for you

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

Elementary Statistics: Picturing the World (7th E…

Statistics

ISBN:

9780134683416

Author:

Ron Larson, Betsy Farber

Publisher:

PEARSON

The Basic Practice of Statistics

Statistics

ISBN:

9781319042578

Author:

David S. Moore, William I. Notz, Michael A. Fligner

Publisher:

W. H. Freeman

Introduction to the Practice of Statistics

Statistics

ISBN:

9781319013387

Author:

David S. Moore, George P. McCabe, Bruce A. Craig

Publisher:

W. H. Freeman

SEE MORE TEXTBOOKS

A company pays its employees an average wage of $3.25 an hour with a standard deviation of 60 cents. 4. If the wages are approximately normally distributed, determine the following: a proportion of the workers getting wages between $2.75 and $3.69 an hour; b. minimum wage of the highest 5%.