Full-time Ph. D. students receive an average of $12,837 per year. If the average salaries are normally distributed with a standard deviation of $1500, find these probabilities. a. The student makes more than $15,000. b. The student makes between $13,000 and $14,000.

a) 0.0749 = 7.49% probability that the student makes more than $15,000.

b) 0.227 = 22.7% probability that the student makes between $13,000 and $14,000.

Step-by-step explanation:

Normal Probability Distribution

Problems of normal distributions can be solved using the z-score formula.

In a set with mean and standard deviation , the z-score of a measure X is given by:

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Full-time Ph.D. students receive an average of $12,837 per year.

This means that

Standard deviation of $1500

This means that

a. The student makes more than $15,000.

This is 1 subtracted by the p-value of Z when X = 15000.

has a p-value of 0.9251.

1 - 0.9251 = 0.0749

0.0749 = 7.49% probability that the student makes more than $15,000.

b. The student makes between $13,000 and $14,000.

This is the p-value of Z when X = 14000 subtracted by the p-value of Z when X = 13000.

X = 14000

has a p-value of 0.7708.

X = 13000

has a p-value of 0.5438.

0.7708 - 0.5438 = 0.227

0.227 = 22.7% probability that the student makes between $13,000 and $14,000.

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