Exciting Job Offer Comparison!

Which company is more likely to offer a salary of $40,000 or more?

Are you more likely to receive an offer of $40,000 or more from Company A or Company B?

Answer:

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

Explanation:

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

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

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

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