The average starting salary of this year's graduates of a large university (LU) is $20,000 with a standard deviation of
Posted: Tue Jul 05, 2022 9:56 am
The average starting salary of this year's graduates of a largeuniversity (LU) is $20,000 with a standard deviation of $8,000.Furthermore, it is known that the starting salaries are normallydistributed.
What is the probability that a randomly selected LU graduatewill a. have a starting salary of at least $31,000?
Individuals with starting salaries of less than $14,000 receivea low income tax break. What percentage of the graduates willreceive the tax break?
What are the minimum and the maximum starting salaries of the middle 90% of the LU graduates?
If 175 of the recent graduates have salaries of at least$31,500, how many students graduated this year from thisuniversity?
What is the probability that a randomly selected LU graduatewill a. have a starting salary of at least $31,000?
Individuals with starting salaries of less than $14,000 receivea low income tax break. What percentage of the graduates willreceive the tax break?
What are the minimum and the maximum starting salaries of the middle 90% of the LU graduates?
If 175 of the recent graduates have salaries of at least$31,500, how many students graduated this year from thisuniversity?