A survey reported that the mean starting salary for college graduates after a three-year program was $33

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A survey reported that the mean starting salary for college graduates after a three-year program was $33 176. Assume that the distribution of starting salaries follows the normal distribution with a standard deviation of $3500. What percentage of the graduates have starting salaries:
a. Between $30 000 and $38 000?
b. More than $42 000?
c. Between $38 000 and $42 000?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Basic Statistics For Business & Economics

ISBN: 9781259268939

6th Canadian Edition

Authors: Douglas A. Lind, William G Marchal, Samuel A. Wathen, Carol Ann Waite

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