Question

The average starting salary for this year's graduates at a large university (LU) is $20,000 with

Answer 1

Answer:

(a) 0.0968 (b) the probability that a randomly selected LU graduate will have a salary of  exactly $30,400 is 0.0000 (c) 29.12% (d) 3000 students graduates this year from this university

Explanation:

Solution

For the problem given,

The average salary starting for this year's graduates at a large university (LU) is = 20,000

So,

The mean μ = $ 20,000

Standard deviation is б = $ 8000

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