In a particular city, 96.25% of the population earn less than $156000 per year. If the annual income is normallydistributed with a standard deviation of $53034, find the mean annual income (to the nearest dollar).Select one:$250401$61599$57846O $102964

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Answered: In a particular city, 96.25% of the…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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In a particular city, 96.25% of the population earn less than $156000 per year. If the annual income is normally distributed with a standard deviation of $53034, find the mean annual income (to the nearest dollar). Select one: $250401 $61599 $57846 $102964