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Salary of Full-Time Male ProfessorsThe average salary of a
Chapter 6, Problem 16E(choose chapter or problem)
Problem 16E
Salary of Full-Time Male ProfessorsThe average salary of a male full professor at a public four-year institution offering classes at the doctoral level is $99,685. For a female full professor at the same kind of institution, the salary is $90,330. If the standard deviation for the salaries of both genders is approximately $5200 and the salaries are normally distributed, find the 80th percentile salary for male professors and for female professors.
Questions & Answers
QUESTION:
Problem 16E
Salary of Full-Time Male ProfessorsThe average salary of a male full professor at a public four-year institution offering classes at the doctoral level is $99,685. For a female full professor at the same kind of institution, the salary is $90,330. If the standard deviation for the salaries of both genders is approximately $5200 and the salaries are normally distributed, find the 80th percentile salary for male professors and for female professors.
ANSWER:
Solution:
Step 1 of 2:
From the given problem we have
For men:
The mean
The standard deviation
For women:
The mean
The standard deviation
We have to find the 80th percentile salary for male professors and for female professors.