16. Salary of Full-Time Male Professors The average salary of a male full professor at a public four-year institution offering classes at the doctoral level is \( \$ 99,685 \). For a female full professor at the same kind of institution, the salary is \( \$ 90,330 \). If the standard deviation for the salaries of both genders is approximately \( \$ 5200 \) and the salaries are normally distributed, find the 80 th percentile salary for male professors and for female professors.
Real Tutor Solution
Answer
Solution
Reviewed and approved by the UpStudy tutoring team
Bonus Knowledge
To find the 80th percentile salary for both male and female professors, we can use the formula for finding a percentile in a normal distribution: \[ P = \mu + z \times \sigma \] where \(P\) is the percentile salary, \(\mu\) is the mean salary, \(z\) is the z-score corresponding to the desired percentile, and \(\sigma\) is the standard deviation. For the 80th percentile, the z-score is approximately \(0.8416\). **For Male Professors:** Mean salary (\(\mu\)) = \( \$ 99,685 \) Standard deviation (\(\sigma\)) = \( \$ 5200 \) \[ P = 99,685 + (0.8416 \times 5200) \approx 99,685 + 4385.42 \approx 104,070.42 \] **For Female Professors:** Mean salary (\(\mu\)) = \( \$ 90,330 \) Standard deviation (\(\sigma\)) = \( \$ 5200 \) \[ P = 90,330 + (0.8416 \times 5200) \approx 90,330 + 4385.42 \approx 94,715.42 \] Thus, the 80th percentile salary for male professors is approximately **$104,070.42**, and for female professors, it's approximately **$94,715.42**.