The mean monthly income of graduates of professional and Ph.D. degrees is $6,000 according to a recent
Question:
The mean monthly income of graduates of professional and Ph.D. degrees is $6,000 according to a recent PEW Research Center survey. If these incomes are normally distributed with a standard deviation of $1,200,
a. What proportion of incomes is greater than $4,900?
b. Calculate the proportion of incomes that fall between $3,800 and $5,700.
c. Calculate the proportion of incomes that are less than $6,500.
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