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1) The starting annual salaries of newly qualified chartered accountants (CAs) in Malaysia follow a normal distribution with a mean of RM180,000 and a standard
1) The starting annual salaries of newly qualified chartered accountants (CAs) in Malaysia follow a normal distribution with a mean of RM180,000 and a standard deviation of RM10,000. What is the probability that a randomly selected newly qualified CA will earn between RM185,000 and RM200,000 per annum?
a.
0.533
b.
0.819
c.
0.242
d.
0.286
2) Given that X = 1.50 + .50Y, what is the predicted value for a Y value of 6?
a.
3.00
b.
4.00
c.
3.50
d.
4.50
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