Question: [Earnings and Advance Degrees] According to the US Census data, the mean annual earning for U.S. workers with advanced degrees from the top 50 universities
[Earnings and Advance Degrees] According to the US Census data, the mean annual earning for U.S. workers with advanced degrees from the top 50 universities is $80,977 with a standard deviation of $100,895; the distribution is highly right-skewed. Use this information to answer Question 6 to 10. [1 pt] Based on this information alone, can you determine the probability that a randomly selected person's earnings exceed $100,000? (a) P(More than $100,000) = 0.325 (b) P(More than $100,000) = 0.425 (c) P(More than $100,000) = 0.5 (d) Since we do not know the exact distribution, we cannot determine the probability that a person makes more than $100,000 with mean and standard deviation alone
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