Earning an MHA is an expensive proposition. The returns on the investment are uncertain.Whether the degree makes financial sense or not depends on the salary that students earn after graduating in two years. Based on historical data, 20% of graduating student obtain salaries of $50,000 per year, 20% earn salaries of $60,000, 30% earn salaries of $70,000, 20% earn salaries of $80,000, and 10% earn salaries of $120,000.a)What is the expected starting salary for an incoming MHA student? $71k

b)Madison determines that earning an MHA only makes sense if she ends up making more than the expected value of earnings. What is probability that she ends up making more than the expected value? NEED THE ANSWER FOR B