- Access to
**800,000+**Textbook Solutions - Ask any question from
**24/7**available

Tutors **Live Video**Consultation with Tutors**50,000+**Answers by Tutors

The average salary for graduates entering the actuarial field is

The average salary for graduates entering the actuarial field is $40,000. If the salaries are normally distributed with a standard deviation of $5000, find the probability that

a. An individual graduate will have a salary over $45,000.

b. A group of nine graduates will have a group average over $45,000.

a. An individual graduate will have a salary over $45,000.

b. A group of nine graduates will have a group average over $45,000.

Membership
TRY NOW

- Access to
**800,000+**Textbook Solutions - Ask any question from
**24/7**available

Tutors **Live Video**Consultation with Tutors**50,000+**Answers by Tutors

Relevant Tutors available to help