# Probability

The average weekly earnings for women in managerial and professional positions is $685 with a standard deviation of $45. Salaries are normally distributed. Answer the following questions.

a. What is the probability that a woman will have a weekly salary of more than $650?

b. What is the probability that a woman will have a weekly salary of at least $800?

c. For the population, in what range does the middle 95% of weekly salaries lie?

d. If a new sample of 40 women is selected, what is the probability that the mean weekly salary will be between $670 and $705?

e. If new samples of 50 families are selected, what weekly salary to the nearest dollar marks the top 10% of the means of these new samples?

f. If new samples of 100 women are selected, what range of weekly salaries to the nearest dollar marks the 98% confidence interval?

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#### Solution Summary

The average weekly earnings for women in managerial and professional positions is $685 with a standard deviation of $45. Salaries are normally distributed. Answer the following questions.

a. What is the probability that a woman will have a weekly salary of more than $650?

b. What is the probability that a woman will have a weekly salary of at least $800?

c. For the population, in what range does the middle 95% of weekly salaries lie?

d. If a new sample of 40 women is selected, what is the probability that the mean weekly salary will be between $670 and $705?

e. If new samples of 50 families are selected, what weekly salary to the nearest dollar marks the top 10% of the means of these new samples?

f. If new samples of 100 women are selected, what range of weekly salaries to the nearest dollar marks the 98% confidence interval?