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Recent statistics show that the average annual base salary of a woman working as an editor in the region's advertising agencies is lower than the
Recent statistics show that the average annual base salary of a woman working as an editor in the region's advertising agencies is lower than the average annual base salary of a man. The average annual base salary of a woman is $75,000, that of a man $80,000. Assume wages are normally distributed, with a standard deviation of $7,000 for men and $6,500 for women.
The probability that a woman has a lower salary than a man is approximately:
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