Question: Problem 3 Please MAKE appropriate graph, shade appropriately when needed, and LABEL, LABEL, LABEL!!! Sociology graduates, upon entering the workforce are normally distributed and earn
Problem 3
Please MAKE appropriate graph, shade appropriately when needed, and LABEL, LABEL, LABEL!!!
Sociology graduates, upon entering the workforce are normally distributed and earn a mean salary of $30,000 with a standard deviation of $4000.
a)Jessica is an honors sociology student. Upon graduation, she would like to take a job that starts at $40,000. What is the probability that randomly chosen salary exceeds $40,000?
b)Jeremy squeezed through his sociology major with a C-average. He would take any job he could lay hands on, as long as it's not tossing fries, which he's been doing for four years. What is the probability that a randomly chosen salary is less than $22,000?
c)Sam is not sure how much he will make upon graduation. He would be happy if his salary was in the middle 60% of salaries. Find the two salaries that are the cutoff values for the middle 60% of salaries.
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