question archive According to Salary Wizard, the average base salary for a brand manager in Houston, Texas, is $88,592 and the average base salary for a brand manager is Los Angeles, California, is $97,417
According to Salary Wizard, the average base salary for a brand manager in Houston, Texas, is $88,592 and the average base salary for a brand manager is Los Angeles, California, is $97,417
Subject:MathPrice: Bought3
According to Salary Wizard, the average base salary for a brand manager in Houston, Texas, is $88,592 and the average base salary for a brand manager is Los Angeles, California, is $97,417. Assume that salaries are normally distributed, the standard deviation for brand managers in Houston is $19,900, and the standard deviation for brand managers in Los Angeles is $21,800.
A.) What is the probability that a brand manager in Houston has a base salary in excess of $100,000?
B.) What is the probability that a brand manager in Los Angeles has a base salaryin excess of $75,000?
C.) What is the probability that a brand manager in Los Angeles has a base salary of less than $75,000?
D.) How much would a brand manager in Los Angeles have to make in order to have a higher salary than 99% of the brand managers in Houston?
