Business Weekly conducted a survey of graduates from 30 top MBA programs. On the basis of the survey,assume the mean annual salary for graduates 10 years after graduation is $156,000. Assume the standarddeviation is $30,000. Suppose you take a simple random sample of 11 graduates. Round all answers to fourdecimal places if necessary.a. What is the distribution of X? X~ N(b. What is the distribution of ? ~ Nc. For a single randomly selected graduate, find the probability that her salary is between $148,332 and$155,155.d. For a simple random sample of 11 graduates, find the probability that the average salary is between$148,332 and $155, 155.e. For part d), is the assumption of normal necessary? No Yes

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Answered: Business Weekly conducted a survey of…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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