7-13. The semester stipend given to college interns at Big Bucks Investments Inc. is normally distributed with

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7-13. The semester stipend given to college interns at Big Bucks Investments Inc.

is normally distributed with a mean of $4,000 and a standard deviation of

$600. If the bottom 5% of interns is to receive an increase in their stipend, what is the level below which an intern will receive an increase?

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