0-2) Ch 6 - #47 - College Graduates Starting Salaries. According to the National Association of Colleges and Employers, the 2015 mean starting salary for new college graduates in health sciences was 551,541, The mean 2015 starting salary for new college graduates in business was 553,301 (National Association of Colleges and Employ- ers website). 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 515,000. a. What is the probability that a new college graduate in business will earn a starting salary of at least 565,0007 b. What is the probability that a new college graduate in health sciences will earn a starting salary of at least S55,0007 c. What is the probability that a new college graduate in health sciences will earn a starting salary less than $40,0007 d. How much would a new college graduate in business have to earn in order to have a starting salary higher than 95% of all starting salaries of new college graduates in the health sciences? (-2} Solution: Ch 6 - #47 - College Graduates Starting Salaries Solution