Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / the probability that the mean salary of the sample is less than 59500 is Find the probability and interpret the results

the probability that the mean salary of the sample is less than 59500 is Find the probability and interpret the results

Statistics

the probability that the mean salary of the sample is less than 59500 is

Find the probability and interpret the results. If convenient, use technology to ?nd 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 themean salary of the sample is less than $59,500? Assume a = $5,600. The probability that the mean salary of the sample is less than $59,500 is(Round to four decimal places as needed.) Interpret the results. Choose the correct answer below. 0 A. About 0.04% of samples of 39 specialists will have a mean salary less than $59,500. This is not an unusual event. 0 B. Only 4% of samples of 39 specialists will have a mean salary less than $59,500. This is an extremely unusual event.O C. Only 0.04% of samples of 39 specialists will have a mean salary less than $59,500. This is an extremely unusual event.O D. About 4% of samples of 39 specialists will have a mean salary less than $59,500. This is not an unusual event.

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE

Answer Preview

Answer:

The probability that the mean salary of the sample is less than 59500

= 0.0004

Step-by-step explanation

= P(x?< 59500)

= P(Z< 59500-μ)/ δ/√n)

= P(Z< 59,500-62,500)/ 5,600/√39)

= P(Z< -3.35)

= 0.0004

= 0.04%

Interpretation.

C. About 0.04% of samples of 39 specialists will have a mean salary of les than $59500.This is an extremely unusual event.