The average salary for graduates entering the actuarial field is $63,000. If the salaries are normally distributed

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The average salary for graduates entering the actuarial field is $63,000. 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 $68,000.

b. A group of nine graduates will have a group average over $68,000.

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Elementary Statistics A Step By Step Approach

ISBN: 9781259755330

10th Edition

Authors: Allan G. Bluman

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Question Posted: Sep 06, 2018 10:30 AM

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The average salary for graduates entering the actuarial field is $63,000. If the salaries are normally distributed

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a z 68000630005000 ...View the full answer

Elementary Statistics A Step By Step Approach

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