At a recent job fair, Intel boasted that they paid master's graduates more than 90% of all employers. If we interpret their claim as a percentile, what hourly wage must they offer
employees with master's degrees?

Complete Question

A recent study found that hourly wages earned by employees possessing a master's degree are distributed normally with a mean of $27.50 and standard deviation of $3.50

At a recent job fair, Intel boasted that they paid master's graduates more than 90% of all

employers. If we interpret their claim as a percentile, what hourly wage must they offer employees with master's degrees?

The value is

Step-by-step explanation:

From the question we are told that they paid master's graduates more than 90% of all

Generally from the z-table the z-score for 90% is

This z-score can be mathematically represented as

Here x is the hourly wage they offer  employees with master's degrees

substituting  $27.50 for   and   $3.50  for    we have

=>

666666666666666666666

6

6

6

6

6

6

6

66

6

6

6

66

6

66answer:

step-by-step explanation:

here is the

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