A worker earns $16 per hour at a plant and is told that only 5% of all workers make a higher wage. If the wage is assumed to be normally distributed and the standard deviation of wage rates is $5 per hour, find the average wage for the plant workers per hour
P(X > 16) = .05 ? (16 - ?) / 5 = 1.645 ? ? = $7.78
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A)
B)
C)
D)
