Suppose That the Average Annual Income of a Lawyer Is

question 3

Short Answer

Suppose that the average annual income of a lawyer is $150 000 with a standard deviation of $40 000. Assume that the income distribution is normal.
a. What is the probability that the average annual income of a sample of 5 lawyers is more than $120 000?
b. What is the probability that the average annual income of a sample of 15 lawyers is more than $120 000?

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Definitions:

Power Assertion

A discipline technique in which a parent attempts to gain control over the child or the child’s resources.

Parental Induction

Parental induction involves parents teaching their children desirable behavior by explaining the reasons behind rules, emphasizing empathy and the consequences of actions.

Parental Induction

A parenting strategy that involves explaining the reasons behind rules or decisions to encourage understanding and cooperation from children.

Moral Behaviors

Actions that align with societal norms and values considered right or ethical, reflecting an individual's understanding of morality and ethical reasoning.