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
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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