statistics

The data set represents the income levels of the members of a country club. Estimate the probability that a randomly selected member earns at least $98,000.

112,000 126,000 90,000 133,000 94,000 112,000 98,000 82,000 147,000 182,000 86,000 105,000

140,000 94,000 126,000 119,000 98,000 154,000 78,000 119,000

MY ANSWER IS 0.6. AM I RIGHT?

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  1. Find the mean first = sum of scores/number of scores

    Subtract each of the scores from the mean and square each difference. Find the sum of these squares. Divide that by the number of scores to get variance.

    Standard deviation = square root of variance

    Z = (score-mean)/SD

    Find table in the back of your statistics text labeled something like "areas under normal distribution" to find the proportion/probability related to the Z score.

    If you did all this without error, then you are right.

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