1. According to the 2012-2013 annual report of the American Psychological Association's survey of faculty salaries in graduate departments of psychology, the average salary for a new (less than 3 years) professor was $92,000, with a standard deviation of $32,845. Assuming that these data are normally distributed:
2. (2) What was the salary for a new full professor in the 98th percentile?
3. (2) What percentage of new professors earn less than $60,000?