In 2010, Monster College surveyed 1250 U.S. college students expecting to graduate in the next several years.
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In 2010, Monster College surveyed 1250 U.S. college students expecting to graduate in the next several years. Respondents were asked the following question:What do you think your starting salary will be at your first job after college?
The line graph shows the percentage of college students who anticipated various starting salaries.The mathematical modeldescribes the percentage of college students, p, who anticipated a starting salary s, in thousands of dollars. Use this formula to find the percentage of students who anticipated a starting salary of $40 thousand. How does this compare with your estimate in Exercise 13?
Data from Exercise 13
Estimate the percentage of students who anticipated a starting salary of $40 thousand.
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