Essay
The mean starting salary of recent business graduates at a university is $52,000 with a standard deviation of $16,000. The distribution of starting salaries is assumed to be symmetric and bell-shaped.
A) What proportion of business graduates has a starting salary between $20,000 and $84,000.
B) Suppose 600 business graduates from this university got hired. How many of them started with a salary between $20,000 and $84,000?
Correct Answer:
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a. At least 95% of the time. $...View Answer
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Correct Answer:
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