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According to a recent survey, the salaries of entry-level positions at a large company have a mean of $41,750 and a standard deviation of $8000. Assuming that the salaries of these entry-level positions are normally distributed, find the proportion of employees in entry-level positions at the company who earn more than $50,000. Round your answer to at least four decimal places.

According to a recent survey, the salaries of entry-level positions at a large company have a mean of $41,750 and a standard deviation of $8000. Assuming that the salaries of these entry-level positions are normally distributed, find the proportion of employees in entry-level positions at the company who earn more than $50,000. Round your answer to at least four decimal places.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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According to a recent survey, the salaries of entry-level positions at a large company have a mean of $41,750 and a standard deviation of $8000. Assuming that the salaries of these entry-level positions are normally distributed, find the proportion of employees in entry-level positions at the company who earn more than $50,000. Round your answer to at least four decimal places.
Transcribed Image Text:According to a recent survey, the salaries of entry-level positions at a large company have a mean of $41,750 and a standard deviation of $8000. Assuming that the salaries of these entry-level positions are normally distributed, find the proportion of employees in entry-level positions at the company who earn more than $50,000. Round your answer to at least four decimal places.
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