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 $176,000. Assume the standard deviation is $31,000. Suppose you take a simple random sample of 35 graduates. Round all answers to four decimal places if necessary. a. What is the distribution of X? X - N( b. What is the distribution of ? I - N( c. For a single randomly selected graduate, find the probability that her salary is between $172,940 and $178,260. d. For a simple random sample of 35 graduates, find the probability that the average salary is between $172,940 and $178,260. e. For part d), is the assumption of normal necessary? O YesO No
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 $176,000. Assume the standard deviation is $31,000. Suppose you take a simple random sample of 35 graduates. Round all answers to four decimal places if necessary. a. What is the distribution of X? X - N( b. What is the distribution of ? I - N( c. For a single randomly selected graduate, find the probability that her salary is between $172,940 and $178,260. d. For a simple random sample of 35 graduates, find the probability that the average salary is between $172,940 and $178,260. e. For part d), is the assumption of normal necessary? O YesO No
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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