23) c) P(z 1.20) d) P(z -.71) 7. College presidents receive an annual housing provision that averages $26,234 (USA Today, April 18, 1994).
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-.23) c) P(z < 1.20) d) P(z -.71) 7. College presidents receive an annual housing provision that averages $26,234 (USA Today, April 18, 1994). Assume a normal distribution applies and that the standard deviation is $5,000. A) What percentage of presidents receive a housing provision exceeding $35,000 per year? B) What percentage of presidents receive a housing provision less than $20,000 per year? C) What is the housing provision for the 10% of presidents receiving the largest provision?
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