Answer:
Step-by-step explanation:
Given
Normal Hour = 32 hours
Overtime = Hours above 32
Rate for Overtime = 1.4 times normal rate
Earnings = $535.62
Required
Determine the normal hour pay
First, we need to determine the hours worked overtime.
This is:
The equation that binds all the parameters is:
This gives:
Solve for r
Answer:
The passing score is 645.2
Step-by-step explanation:
Problems of normally distributed samples are solved using the z-score formula.
In a set with mean and standard deviation
, the zscore of a measure X is given by:
The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.
In this problem, we have that:
If the board wants to set the passing score so that only the best 10% of all applicants pass, what is the passing score?
This is the value of X when Z has a pvalue of 1-0.1 = 0.9. So it is X when Z = 1.28.
The passing score is 645.2