Answer:
New cut off salary = 30,592
Step-by-step explanation:
Given:
Normal distributed mean = $37,000
Standard deviation = $5000
Cut off salary = 10%
Find:
New cut off salary
Computation:
Z - left tale value of 10% is -1.2816
Corresponding x-value using x = zs + u
New cut off salary = (-1.2816)(5,000) + 37,000
New cut off salary = -6,408 + 37,000
New cut off salary = 30,592