Business Weekly conducted a survey of graduates from 30 top MBA programs. On the basis of the survey, assume the mean an
Posted: Mon Jul 11, 2022 11:42 am
Business Weekly conducted a survey of graduates from 30 top MBA programs. On the basis of the survey, assume the mean annual salary for graduates 10 years after graduation is $183,000. Assume the standard deviation is $33,000. Suppose you take a simple random sample of 37 graduates. Round all answers to four decimal places if necessary. a. What is the distribution of X? X-NO b. What is the distribution of a? - N c. For a single randomly selected graduate, find the probability that her salary is between $181,262 and $187,775. d. For a simple random sample of 37 graduates, find the probability that the average salary is between $181,262 and $187,775. e. For part d), is the assumption of normal necessary? Yes No