Question
Suppose the income of John College graduates is normally distributed with an annual average salary of $100,000 and a standard deviation of $25,000. A) What
Suppose the income of John College graduates is normally distributed with an annual average salary of $100,000 and a standard deviation of $25,000.
A) What is the probability of randomly selecting a John College graduate who makes less than $90,000?
B) What percentage of John College graduates would you expect to have incomes above $110,000?
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Issues in Economics Today
Authors: Robert C. Guell
8th edition
1259746399, 1259746390, 978-1259746390
