A recent study claims that the starting salaries for a college graduate in the actuarial field are normally distributed
Posted: Mon Jul 11, 2022 11:27 am
A recent study claims that the starting salaries for a college graduate in the actuarialfield are normally distributed with mean $65, 000 and a standard deviation of $7, 000.(a) Determine the probability that a randomly selected graduate will have a salaryof over $70, 000.(b) Determine the probability that a randomly selected graduate will have a salarybetween $65, 000 and $70, 000.