Fill in the blank. Suppose that the average starting salary for student with an Economics degree is $99,675.98 with a standard deviation of $5,957.57. A random sample of 163 recent graduates with a job is taken. There is a 5% chance that the average salary is less than $ ________.

Question 3 options:

1)

98,908.44

2)

There is not enough information to determine this.

3)

100,443.5

4)

109,475.3

5)

89,876.65