Question

the mean salary offered to the students who are graduating college this year is $24,260, with a standard deviation of $3678. A random sample of 85 students graduating this year has been selected. What is the probability that the mean salary offer for these 85 students is the $23,750 or more? Rounded to four decimal places.

Name: the mean salary offered to the students who are graduating college this year is 24260 with a standard deviation of 3678 a random sample of 85 students graduating this year has been selected 94355
Uploaded: 2023-08-12T17:53:06-08:00
Duration: 2 min 21 s
Channel: Anna D.
Description: the mean salary offered to the students who are graduating college this year is 24260 with a standard deviation of 3678 a random sample of 85 students graduating this year has been selected 94355

          the mean salary offered to the students who are graduating college this year is $24,260, with a standard deviation of $3678. A random sample of 85 students graduating this year has been selected.  What is the probability that the mean salary offer for these 85 students is the $23,750 or more? Rounded to four decimal places.

Added by Austin C.

Elementary Statistics a Step by Step Approach

Allan G. Bluman 9th Edition

Instant Answer

Solved by Expert Anna D.

08/12/2023

Step 1

- Mean salary offered to the students who are graduating college this year = $24,260 - Standard deviation of the salaries = $3,678 - Sample size = 85 - Desired probability = P(X ≥ $23,750) Show more…

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the mean salary offered to the students who are graduating college this year is $24,260, with a standard deviation of $3678. A random sample of 85 students graduating this year has been selected. What is the probability that the mean salary offer for these 85 students is the $23,750 or more? Rounded to four decimal places.