# The average base salary for a store manager (Wal-Mart) in Riverside, California, is \$68,000, and the average base salary for...

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The average base salary for a store manager (Wal-Mart) in Riverside, California, is \$68,000, and the average base salary for a store manager (Wal-Mart) in Los Angeles, California, is \$78,000. Assume that salaries are normally distributed, the standard deviation for store managers in Riverside is \$20,000, and the standard deviation for store managers in Los Angles is \$22,000. (75 points)

What is the probability that a store manager in Riverside has a base salary in excess of \$100,000?

What is the probability that a store manager in Los Angeles has a base salary in excess of \$100,000?

What is the probability that a store manager in Los Angeles has a base salary of less than \$67,000?

How much would a store manager in Los Angeles have to make in order to have a higher salary than 98.21% of the store managers in Riverside?

Based the results from (A)-(D), if you are a job applicant for store manager position (Wal-Mart) in California, how would you negotiate annual salary using at least 200 words.

• 5 years ago
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