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1.The lead analyst at an investment firm has recently analyzed thecompany's 403(b) clients and determined that the annual contribution is approximately normally distributed with a

1.The lead analyst at an investment firm has recently analyzed thecompany's 403(b) clients and determined that the annual contribution is approximately normally distributed with a mean equal to $6,900. Further, he has determined that the probability a customer will contribute more than $15,000 is 0.035. Based on thisinformation, what is the standard deviation of contributions to the403(b) program?

The standard deviation is $.

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