
ROGER F. answered 07/23/15
Tutor
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DR ROGER - TUTOR OF MATH, PHYSICS AND CHEMISTRY
a) Since $720 is the mean, then the probability of making less than the mean is the same as making more than the mean, so that's 0.50
b) We need a z-score for this, so z = (912 - 720)/60 = 3.2
If you go to the +z-score table and look under 3.20, it says p = 0.9993. That's the probability of making less than $912. So making more than $912 = 1 - 0.9993 = 0.0007
c) z-score for 660 = (660 - 720)/60 = -1.00, and z-score for 780 = +1. So the known probability between ±1 standard deviation is 0.68. (In other words, 68% of workers make between these 2 dollar amounts, or there's a 68% chance that a randomly selected worker makes between these 2 dollar amounts).
By the way, it's CHAMBER of Commerce.