The average starting salary for graduates at a university is $33,000 with a standard deviation of $2,000. If a histogram of the
data shows that it takes on a mound shape, the empirical rule says that approximately 95% of the graduates would have a starting salary between _______.
1 answer:
Answer:
Approximately $37000
Explanation:
A standard normal curve will be used to solve this question since the histogram of the data takes on a mound shape.
The mean salary is $33000 with one standard deviation equalling $2000.
Using the normal curve, 95% of the salary will lie between 2 standard deviation. i.e. $33000+$2000+$2000=$37000
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