Multiple Choice
A sample of 500 evening students revealed that their annual incomes were normally distributed with a mean income of $50,000 and a standard deviation of $4,000. What is the income that separates the top 5% from the lower 95% of the incomes?
A) $43,420
B) $47,320
C) $56,580
D) $52,680
Correct Answer:
Verified
Correct Answer:
Verified
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