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You are applying for a job at two companies. Company A offers starting salaries with mu equals $ 32 comma 000 and sigma equals $ 4 comma 000. Company B offers starting salaries with mu equals $ 32 comma 000 and sigma equals $ 9 comma 000. From which company are you more likely to get an offer of ​$40 comma 000 or​ more?

Respuesta :

Answer:

The company B is most likely to offer the salary of $40,000 or above

Explanation:

Here, in both the cases the mean salary is same i.e $32,000.

But the standard deviation for the company A ( i.e $4,000 ) is less than the standard deviation for the company B ( i.e $9,000 ).

Therefore,

The expected salary of $40,000 is one standard deviation above the mean salary for the company B while for the company A the expected salary is two standard deviation above the mean salary.

Hence,

The company B is most likely to offer the salary of $40,000 or above

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