The dean has observed for several years and found that the probability distribution of the salary of
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Question:
The dean has observed for several years and found that the probability distribution of the salary of the alumni's first job after graduation is normal, with a mean of $60k per year and a standard deviation of $4k.
(a) What's the probability that the alumni get a salary of $64k or more in their first jobs?
(b) What's the chance that the alumni get a salary between $52k and $68k?
(c) What is the salary range that 99.7% of the alumni should be belonged to?
Related Book For
Business Statistics A Decision Making Approach
ISBN: 9780133021844
9th Edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
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