I need help with this questions with explanation. The weekly salary paid to employees of a small company that supplies part-time laborers averages $850with a standard deviation of $450.(a) If the weekly salaries are normally distributed, estimate the fraction of employees that make more than$400 per week.(b) If every employee receives a year-end bonus that adds $100 to the paycheck in the final week, how doesthis 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?(d) If the lowest salary is $400 and the median salary is $625, does a normal model appear appropriate?(a) If the weekly salaries are normally distributed, the fraction of employees that make more than $400 perweek is approximately 0.8413(Type an integer or a fraction.

Given Information: Mean μ=850 Standard deviation σ=450

The weekly salary paid to employees of a small company that supplies part-time laborers averages $850 with a standard deviation of $450. (a) If the weekly salaries are normally distributed, estimate the fraction of employees that make more tha $400 per week. (b) If every employee receives a year-end bonus that adds $100 to the paycheck in the final week, how d 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 chang

The weekly salary paid to employees of a small company that supplies part-time laborers averages $850 with a standard deviation of $450. (a) If the weekly salaries are normally distributed, estimate the fraction of employees that make more tha $400 per week. (b) If every employee receives a year-end bonus that adds $100 to the paycheck in the final week, how d 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 chang

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter12: Sequences, Series And Binomial Theorem

Section12.3: Geometric Sequences And Series

Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...

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