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Author Question: The monthly income of residents of Daisy City is normally distributed with a mean of $3000 and a ... (Read 50 times)

fungirl

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on: Mar 25, 2023

The monthly income of residents of Daisy City is normally distributed with a mean of $3000 and a standard deviation of $500.

a.The mayor of Daisy City makes $2,250 a month. What percentage of Daisy City's residents has incomes that are more than the mayor's?
b.Individuals with incomes of less than $1,985 per month are exempt from city taxes. What percentage of residents is exempt from city taxes?
c.What are the minimum and the maximum incomes of the middle 95% of the residents?
d.Two hundred residents have incomes of at least $4,440 per month. What is the population of Daisy City?

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Marked as best answer by fungirl on Mar 25, 2023

iamkarenvv

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Reply #1 on: Mar 25, 2023
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fungirl

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Reply 2 on: Mar 25, 2023
Thanks for the timely response, appreciate it

Liamb2179

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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