A Sample of 500 Evening Students Revealed That Their Annual

question 18

Short Answer

A sample of 500 evening students revealed that their annual incomes were normally distributed with a mean income of $30,000 and a standard deviation of $3,000. How many students earned more than $36,000? _______

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Definitions:

Exponentially Distributed

A type of probability distribution that describes the time between events in a Poisson process, where events occur continuously and independently at a constant average rate.

Processing Time

The duration required to complete a specific task or operation, often crucial in manufacturing and computer science contexts.

Replications

The process of repeating a study or experiment to verify its results or to investigate its reliability and validity.

Queue 1

A term that often refers to the first line or position in a series where data, people, or objects are processed or wait their turn.