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Business Weekly conducted a survey of graduates from 3 0 top MBA programs. On the basis of the survey, assume the mean annual salary for
Business Weekly conducted a survey of graduates from top MBA programs. On the basis of the survey, assume the mean annual salary for graduates years after graduation is $ Assume the standard deviation is $ Suppose you take a simple random sample of graduates. Round all answers to four decimal places if necessary.
a What is the distribution of
b What is the distribution of
c For a single randomly selected graduate, find the probability that her salary is between $ and $
d For a simple random sample of graduates, find the probability that the average salary is between $ and $
e For part d is the assumption of normal necessary? No Yes
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