The average starting salary for this year's graduates at a large university (LU) is $30.000 with a standard deviation of $8,000. Furthermore, it is known that the starting salaries are normally distributed.Individuals with starting salaries of less than $15,600 receive a low income tax break. What percentage of the graduates will receive the tax break?
The average starting salary for this year's graduates at a large university (LU) is $30.000 with a standard deviation of $8,000. Furthermore, it is known that the starting salaries are normally distributed.Individuals with starting salaries of less than $15,600 receive a low income tax break. What percentage of the graduates will receive the tax break?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The average starting salary for this year's graduates at a large university (LU) is $30.000 with a standard deviation of $8,000. Furthermore, it is known that the starting salaries are normally distributed.
Individuals with starting salaries of less than $15,600 receive a low income tax break. What percentage of the graduates will receive the tax break?
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