Question

The weekly wages of employees of Volta gold are normally distributed about a mean of$1250 with a standard deviation of $120. Find the probability of an employee having a weekly wage lying 1) between $1320 and $970 2) over $1290 3) under $1400

Answer 1

1) 0.7104 = 71%

2) 0.6615 = 66%

3) 0.8944 = 89%

Explanation:

1)

Z(low)=-2.333 0.009815329

Z(upper)=0.583 0.720165536

2)

Z(low)=0.333 0.63055866

Z(upper)=8322.908 1

3)

Z(low)=-10.417 0

Z(upper)=1.25 0.894350226