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Find the probability and interpret the results. If convenient, use technology to find the probability. The population mean annual salary for environmental compliance specialists is about $62,500. A random sample of 39 specialists is drawn from this population. What is the probability that the mean salary of the sample is less than $60,500? Assume o = $5,900. ..... The probability that the mean salary of the sample is less than $60,500 is (Round to four decimal places as needed.)

Find the probability and interpret the results. If convenient, use technology to find the probability. The population mean annual salary for environmental compliance specialists is about $62,500. A random sample of 39 specialists is drawn from this population. What is the probability that the mean salary of the sample is less than $60,500? Assume o = $5,900. ..... The probability that the mean salary of the sample is less than $60,500 is (Round to four decimal places as needed.)

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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**Find the Probability and Interpret the Results** If convenient, use technology to find the probability. The population mean annual salary for environmental compliance specialists is about $62,500. A random sample of 39 specialists is drawn from this population. What is the probability that the mean salary of the sample is less than $60,500? Assume \(\sigma = \$5,900\). The probability that the mean salary of the sample is less than $60,500 is \_\_\_\_\_ (Round to four decimal places as needed.) Options available for additional help: - **Help Me Solve This** - **View an Example** - **Get More Help** There is a button to "Check Answer" at the bottom right of the text.
Transcribed Image Text:**Find the Probability and Interpret the Results** If convenient, use technology to find the probability. The population mean annual salary for environmental compliance specialists is about $62,500. A random sample of 39 specialists is drawn from this population. What is the probability that the mean salary of the sample is less than $60,500? Assume \(\sigma = \$5,900\). The probability that the mean salary of the sample is less than $60,500 is \_\_\_\_\_ (Round to four decimal places as needed.) Options available for additional help: - **Help Me Solve This** - **View an Example** - **Get More Help** There is a button to "Check Answer" at the bottom right of the text.
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Step 1

Solution:

Let X be the salary for environmental specialists.

From the given information, µ = $62,500 and σ=$5,900.

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