What is the probability that a randomly selected teacher’s salary is greater than $43,700?
For a sample of 90 teachers, what is the probability that the sample mean is greater than 36,917? Assume that the sample is taken from a large population and the correction factor can be ignored.
Answer :
Given :
The population mean
The population standard deviation
Solution :
a) The Probability of a Teacher’s Salary Being Greater Than $43,700 :
b) The Probability of Sample Mean Salary Being Greater Than $36,917 :
→ here we have The sample size (n)=90