The census referred to in the previous exercise also reported that college-educated Canadians earn on average $41,825.
Question:
The census referred to in the previous exercise also reported that college-educated Canadians earn on average $41,825. Suppose that incomes are normally distributed with a standard deviation of $13,444.
Find the probability that a randomly selected college-educated Canadian earns less than $45,000.
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Related Book For
Statistics For Management And Economics Abbreviated
ISBN: 9781285869643
10th Edition
Authors: Gerald Keller
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