ccording to the National Association of Colleges and Employers, the 2015 mean starting salary for new college graduates in health sciences was $51,541. The mean 2015 arting salary for new college graduates in business was $53,901. † Assume that starting salaries are normally distributed and that the standard deviation for starting salaries or new college graduates in health sciences is $11,000. Assume that the standard deviation for starting salaries for new college graduates in business is $17,000. a) What is the probability that a new college graduate in business will earn a starting salary of at least $61,000? (Round your answer to four decimal places.) b) What is the probability that a new college graduate in health sciences will earn a starting salary of at least $61,000? (Round your answer to four decimal places.) c) What is the probability that a new college graduate in health sciences will earn a starting salary less than $38,000? (Round your answer to four decimal places.)
ccording to the National Association of Colleges and Employers, the 2015 mean starting salary for new college graduates in health sciences was $51,541. The mean 2015 arting salary for new college graduates in business was $53,901. † Assume that starting salaries are normally distributed and that the standard deviation for starting salaries or new college graduates in health sciences is $11,000. Assume that the standard deviation for starting salaries for new college graduates in business is $17,000. a) What is the probability that a new college graduate in business will earn a starting salary of at least $61,000? (Round your answer to four decimal places.) b) What is the probability that a new college graduate in health sciences will earn a starting salary of at least $61,000? (Round your answer to four decimal places.) c) What is the probability that a new college graduate in health sciences will earn a starting salary less than $38,000? (Round your answer to four decimal places.)
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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![According to the National Association of Colleges and Employers, the 2015 mean starting salary for new college graduates in health sciences was $51,541. The mean 2015
starting salary for new college graduates in business was $53,901. † Assume that starting salaries are normally distributed and that the standard deviation for starting salaries
for new college graduates in health sciences is $11,000. Assume that the standard deviation for starting salaries for new college graduates in business is $17,000.
(a) What is the probability that a new college graduate in business will earn a starting salary of at least $61,000? (Round your answer to four decimal places.)
(b) What is the probability that a new college graduate in health sciences will earn a starting salary of at least $61,000? (Round your answer to four decimal places.)
(c) What is the probability that a new college graduate in health sciences will earn a starting salary less than $38,000? (Round your answer to four decimal places.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ffa1f2822-8ee5-4468-b761-4648e25887d9%2F7ceaded9-0f4c-443a-a28d-4c692094827a%2Fycd6eoj_processed.png&w=3840&q=75)
Transcribed Image Text:According to the National Association of Colleges and Employers, the 2015 mean starting salary for new college graduates in health sciences was $51,541. The mean 2015
starting salary for new college graduates in business was $53,901. † Assume that starting salaries are normally distributed and that the standard deviation for starting salaries
for new college graduates in health sciences is $11,000. Assume that the standard deviation for starting salaries for new college graduates in business is $17,000.
(a) What is the probability that a new college graduate in business will earn a starting salary of at least $61,000? (Round your answer to four decimal places.)
(b) What is the probability that a new college graduate in health sciences will earn a starting salary of at least $61,000? (Round your answer to four decimal places.)
(c) What is the probability that a new college graduate in health sciences will earn a starting salary less than $38,000? (Round your answer to four decimal places.)
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