A company pays its employees an average wage of $14.90 an hour with a standard deviation of $1.50. If the wages are approximately normally distributed and paid to the nearest cent, the highest 7% of the employees hourly wages is greater than what amount?

Question

17 August, 07:40

+1

Answers (1)

Know the Answer?

Rachel · Answer 1

14.90 would be the middle, next (line) deviation would be 16.40 then the last would be 17.90 which should be your last 7%