Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The starting salaries of individuals with an MBA degree are normally distributed with a mean of $40,000 and a standard deviation of $5,000. What is
-
The starting salaries of individuals with an MBA degree are normally distributed with a mean of $40,000 and a standard deviation of $5,000. What is the probability that a randomly selected individual with an MBA degree will get a starting salary of at least $30,000?
A. 0.4772
B. 0.9772
C. 0.0228
D. 0.5000
The starting salaries of individuals with an MBA degree are normally distributed with a mean of $40,000 and a standard deviation of $5,000. What is the probability that a randomly selected individual with an MBA degree will get a starting salary of at least $30,000?
| A. | 0.4772 | |
| B. | 0.9772 | |
| C. | 0.0228 | |
| D. | 0.5000 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started