Answer:
The 90th percentile for an individual teacher's salary is $54,912.
Explanation:
Problems of normally distributed samples can be solved using the z-score formula.
In a set with mean
and standard deviation
, the zscore of a measure X is given by:
The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.
In this problem, we have that:
Find the 90th percentile for an individual teacher's salary.
This is the value of X when Z has a pvalue of 0.9. So it is X when Z = 1.28.
The 90th percentile for an individual teacher's salary is $54,912.