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the annual salaries of all employees at a financial company are normally distributed with a mean mu

Sagot :

The value of the Z - Score is a -1.5.

According to the statement

We have to find that the z-score of the company.

So, For this purpose, we know that the

A Z-score is a numerical measurement that describes a value's relationship to the mean of a group of values.

From the given information:

The annual salaries of all employees at a financial company are normally distributed with a mean Mu = $34,000 and a standard deviation Sigma = $4,000.

Then

Let X = annual salaries of all employees at a financial company

And

The z score probability distribution for the normal distribution is given by:

Z - Score = Annual salary - mean / s.d.

Then substitute the values

Z - Score = 28,000 - 34,000/ 4000

Z -Score = -6/4

Z -Score = -1.5.

So, The value of the Z - Score is a -1.5.

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