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Exercise 0 6 . 4 1 ( Normal Probability Distribution ) Question 2 of 1 2 * Check My Work ( 3 remaining ) According

Exercise 06.41(Normal Probability Distribution)
Question 2 of 12*
Check My Work (3 remaining)
According to the National Association of Colleges and Employers, the 2015 average starting salary for new college graduates in health sciences was $51,541. The average starting salary for new college graduates in business was $53,901(National Association of Colleges and Employers website). Assume that starting salaries are normally distributed and that the standard deviation for starting salaries for new college graduates in health sciences is $11,000. Assume that the standard deviation for starting salaries for new college graduates in business is $15,000.
a. What is the probability that a new college graduate in business will earn a starting salary of at least $65,000(to 4 decimals)?
b. What is the probability that a new college graduate in health sciences will earn a starting salary of at least $65,000(to 4 decimals)?
c. What is the probability that a new college graduate in health sciences will earn a starting salary less than $40,000(to 4 decimals)?
d. How much would a new college graduate in business have to earn in order to have a starting salary higher than 99% of all starting salaries of new college graduates in the health sciences (to the nearest whole number)?
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