Vail Resorts pays parttime seasonal employees at ski resorts

Vail Resorts pays part-time seasonal employees at ski resorts on an hourly basis. At a certain mountain, the hourly rates have a normal distribution with ? = $3.00.

If 22 percent of all part-time seasonal employees make more than $14.25 an hour, what is the average hourly pay rate at this mountain? (Round your answer to 2 decimal places.)

Solution

Vail Resorts pays part-time seasonal employees at ski resorts on an hourly basis. At a certain mountain, the hourly rates have a normal distribution with ? = $3.00.

If 22 percent of all part-time seasonal employees make more than $14.25 an hour, what is the average hourly pay rate at this mountain? (Round your answer to 2 decimal places.)

  Average hourly pay rate

Z value for highest 22% = 0.772 ( from standard normal table)

Z= ( 14.25-mean)/3   =0.772

Mean =14.25 -3*0.772 =11.934

Average hourly pay rate at this mountain =$11.93