Statistics and Probability The average starting salary of college graduate in agricultural economics is $60,000 with a
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Question:
Statistics and Probability
The average starting salary of college graduate in agricultural economics is $60,000 with a standard deviation of $12,000. Furthermore, it is known that the starting salaries are normally distributed. a. What is the probability that a randomly selected graduate will have a starting salary of at least $74,400? b. What is the probability that a randomly selected college graduate have a starting salary falling between $45,600 to $74,400.
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