According to Data Released by the Chamber of Commerce of a Certain

question 224

Short Answer

According to data released by the Chamber of Commerce of a certain city, the weekly wages (in dollars) of female factory workers are normally distributed with a mean of 575 and a standard deviation of 50. Find the probability that a female factory worker selected at random from the city makes a weekly wage of $475 to $600.
Round your answer to four decimal places, if necessary.
The probability is __________.

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Definitions:

Weighted Average

A calculation method where each data point is multiplied by a weight that reflects its importance or frequency before summing them up to a single average value.

Common Shares Outstanding

The total number of shares of common stock that are currently owned by investors, including both public shareholders and company insiders or officers.

Issued

Refers to the number of shares or bonds that have been allocated or sold to investors by a company or government entity.