The average annual salary for all US teachers is 47750 If th
The average annual salary for all U.S. teachers is $47,750. If the standard deviation is $5680, find the probability that the mean salary of 25 randomly selected teachers is less than $46,000
Solution
We first get the z score for the critical value. As z = (x - u) sqrt(n) / s, then as
x = critical value = 46000
u = mean = 47750
n = sample size = 25
s = standard deviation = 5680
Thus,
z = (x - u) * sqrt(n) / s = -1.540492958
Thus, using a table/technology, the left tailed area of this is
P(z < -1.540492958 ) = 0.061720119 [answer]
