24
QuizMultiple Choice

Financial Statistics and Research — Test

Question 24 • Advanced Financial Algebra

A company's annual income tax data for 2022 shows a mean annual employee income of $⁢60,000 , with a standard deviation of annual income of $⁢10,000 Assume that the incomes are normally distributed. What percentage of the company's employees have an annual income between $⁢50,000 and $⁢70,000 ?

Answer
A
99 point 7 percent
B
95 point 4 percent
C
68 percent
D
34 percent
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A company's annual income tax data for 2022…