The weekly salary paid to employees of a small company that supplies part-time laborers averages $800 with a standard deviation of $400. (a) If the weekly salaries are normally distributed, estimate the fraction of employees that make mor than $400 per week. (b) If every employee receives a year-end bonus that adds $200 to the paycheck in the final week, how does this change the normal model for that week? (c) If every employee receives a 5% salary increase for the next year, how does the normal model change?

The weekly salary paid to employees of a small company that supplies part-time laborers averages $800 with a standard deviation of $400. (a) If the weekly salaries are normally distributed, estimate the fraction of employees that make mor than $400 per week. (b) If every employee receives a year-end bonus that adds $200 to the paycheck in the final week, how does this change the normal model for that week? (c) If every employee receives a 5% salary increase for the next year, how does the normal model change?

Calculus For The Life Sciences

2nd Edition

ISBN:9780321964038

Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.

Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.

Chapter1: Functions

Section1.2: The Least Square Line

Problem 1E

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