The average starting salary of individuals with a master's degree in statistics is normally distributed with a mean of $53,400 and a standard deviation of $6,000. What is the probability that a randomly selected individual with a master's in statistics will get a starting salary of at least $62,200? Multiple Cholce

MATLAB: An Introduction with Applications
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**Scenario: Probability Calculation**

The average starting salary of individuals with a master's degree in statistics is normally distributed with a mean of $53,400 and a standard deviation of $6,000. What is the probability that a randomly selected individual with a master’s in statistics will get a starting salary of at least $62,200?

**Multiple Choice Options:**

- ○ 0.048
- ○ 0.071
- ○ 0.429
- ○ 0.941

This question involves calculating the probability in a normal distribution scenario using the given mean and standard deviation.
Transcribed Image Text:**Scenario: Probability Calculation** The average starting salary of individuals with a master's degree in statistics is normally distributed with a mean of $53,400 and a standard deviation of $6,000. What is the probability that a randomly selected individual with a master’s in statistics will get a starting salary of at least $62,200? **Multiple Choice Options:** - ○ 0.048 - ○ 0.071 - ○ 0.429 - ○ 0.941 This question involves calculating the probability in a normal distribution scenario using the given mean and standard deviation.
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