Concept explainers
Salary after College. In 2010, Monster College surveyed 1250 U.S. college students expecting to graduate in the next several years. Respondents were asked the following question :
What do you think your starting salary will be at your first job after college?
The line graph shows the percentage of college students who anticipated various starting salaries. Use the graph to solve Exercises 9-14.
The mathematical model
describes the percentage of college students, p, who anticipated a starting salary s, in thousands of dollars. Use this formula to find the percentage of students who anticipated a starting salary of $40 thousand. How does this compare with your estimate in Exercise 13?
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