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The annual salaries of employees in a large company are approximately normally distributed with a mean of $50,000 and a standard deviation of $20,000. What percent of people earn between $45,000 - Business Mathematics and Statistics

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प्रश्न

The annual salaries of employees in a large company are approximately normally distributed with a mean of $50,000 and a standard deviation of $20,000. What percent of people earn between $45,000 and $65,000?

बेरीज
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उत्तर

Let x denotes the annual salaries of employees in a large company

Mean µ = 50,000 and S.D σ = 20,000

Standard normal variate z = `(x - mu)/sigma`

P(people ear between $45,000 and $65,000)

P(45000 < x < 65000)

When x = 45,000

z = `(45, 000 - 50, 000)/(20, 000)`

= `(-5000)/(20, 000)`

= `(-1)/4`

z = – 0.25

When x = 65,000

z = `(5, 000 - 50, 000)/(20,000)`

= `(15000)/(20, 000)`

= `3/4`

z = 0.75

P(45000 < x < 65000) = P(– 0.25 < z < 0.75)

= P(– 0.25 < z < 0) + P(0 < z < 0.75)

= p(0 < z < 0.25) + P(0 < z < 0.75)

= P(0 < z < 0.25) + P(0 < z < 0.75)

= 0.0987 + 0.2734

= 0.3721

P(45000 < x < 65000) in percentage

= 0.3721 × 100

= 37.21

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पाठ 7: Probability Distributions - Miscellaneous problems [पृष्ठ १७२]

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सामाचीर कलवी Business Mathematics and Statistics [English] Class 12 TN Board
पाठ 7 Probability Distributions
Miscellaneous problems | Q 7. (b) | पृष्ठ १७२

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