Find the probability and interpret the results. If convenient, use technology to find the probability. The population mean annual salary for environmental compliance specialists is about $63,000. A...


Find the probability and interpret the results. If convenient, use technology to find the probability.<br>The population mean annual salary for environmental compliance specialists is about $63,000. A random sample of 38 specialists is drawn from this population. What is the probability that the mean salary of the sample is less than $59,500?<br>Assume o= $5,800.<br>The probability that the mean salary of the sample is less than $59,500 is 0.0001<br>(Round to four decimal places as needed.)<br>Interpret the results. Choose the correct answer below.<br>O A. About 1% of samples of 38 specialists will have a mean salary less than $59,500. This is not an unusual event.<br>O B. Only 0.01% of samples of 38 specialists will have a mean salary less than $59,500. This is an extremely unusual event.<br>OC. Only 1% of samples of 38 specialists will have a mean salary less than $59,500. This is an extremely unusual event.<br>O D. About 0.01% of samples of 38 specialists will have a mean salary less than $59,500. This is not an unusual event.<br>

Extracted text: Find the probability and interpret the results. If convenient, use technology to find the probability. The population mean annual salary for environmental compliance specialists is about $63,000. A random sample of 38 specialists is drawn from this population. What is the probability that the mean salary of the sample is less than $59,500? Assume o= $5,800. The probability that the mean salary of the sample is less than $59,500 is 0.0001 (Round to four decimal places as needed.) Interpret the results. Choose the correct answer below. O A. About 1% of samples of 38 specialists will have a mean salary less than $59,500. This is not an unusual event. O B. Only 0.01% of samples of 38 specialists will have a mean salary less than $59,500. This is an extremely unusual event. OC. Only 1% of samples of 38 specialists will have a mean salary less than $59,500. This is an extremely unusual event. O D. About 0.01% of samples of 38 specialists will have a mean salary less than $59,500. This is not an unusual event.

Jun 02, 2022
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