MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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- According to the National Association of Colleges and Employers, the 2015 average starting salary for new college graduates in health sciences was $51,541. The average starting salary for new college graduates in business was $53,901 (National Association of Colleges and Employers website). Assume that starting salaries are normally distributed and that the standard deviation for starting salaries for new college graduates in health sciences is $11,000. Assume that the standard deviation for starting salaries for new college graduates in business is $15,000. a. What is the probability that a new college graduate in business will earn a starting salary of at least $65,000 (to 4 decimals)? b. What is the probability that a new college graduate in health sciences will earn a starting salary of at least $65,000 (to 4 decimals)? c. What is the probability that a new college graduate in health sciences will earn a starting salary less than $40,000 (to 4 decimals)? d. How much would a new…arrow_forwardHow do you do a question like thisarrow_forward
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