Question
Question 1 Suppose that concern has been expressed about starting salaries of people who are in their first full-time job after school. Government data show
Question 1 Suppose that concern has been expressed about starting salaries of people who are in their first full-time job after school. Government data show that the mean and standard deviation of monthly starting salaries of all 18-year-old people in their first full-time job in Canada are respectively $2,546 and $285.
A. (1 point) Consider the distribution of average salaries from 45 randomly selected businesses who hire 18-year-old people full-time. This distribution is (choose correct) exactly normal / approximately normal / unknown / skewed
B. (2 points) What is the chance that the average starting salary from 45 randomly chosen businesses who hire 18-year-old people full-time is less than $2600? Please show any calculations you make on your calculator and use Minitab (software program) to find the answer.
C. (1 point) The number $285 above is a (choose correct) statistic/parameter because (please justify your choice)...
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