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Jbev757 Jbev757
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6 years ago
The average starting salary of this year's graduates of a large university (LU) is 25,000 with a standard deviation of 5,000 . Furthermore, it is known that the starting salaries are normally distributed.
 a. What is the probability that a randomly selected LU graduate will have a starting salary of at least 31,000?
  b. Individuals with starting salaries of less than 12,200 receive a low income tax break. What percentage of the graduates will receive the tax break?
  c. What are the minimum and the maximum starting salaries of the middle 95 of the LU graduates?
  d. If 68 of the recent graduates have salaries of at least 35,600, how many students graduated this year from this university?
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tiss9889tiss9889
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6 years ago
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6 years ago
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