ccording to the National Association of Colleges and Employers, the 2015 mean starting salary for new college graduates in health sciences was $51,541. The mean 2015 arting salary for new college graduates in business was $53,901. † Assume that starting salaries are normally distributed and that the standard deviation for starting salaries or new college graduates in health sciences is $11,000. Assume that the standard deviation for starting salaries for new college graduates in business is $17,000. a) What is the probability that a new college graduate in business will earn a starting salary of at least $61,000? (Round your answer to four decimal places.) b) What is the probability that a new college graduate in health sciences will earn a starting salary of at least $61,000? (Round your answer to four decimal places.) c) What is the probability that a new college graduate in health sciences will earn a starting salary less than $38,000? (Round your answer to four decimal places.)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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ISBN:9780079039897
Author:Carter
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Chapter10: Statistics
Section10.4: Distributions Of Data
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According to the National Association of Colleges and Employers, the 2015 mean starting salary for new college graduates in health sciences was $51,541. The mean 2015
starting salary for new college graduates in business was $53,901. † 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 $17,000.
(a) What is the probability that a new college graduate in business will earn a starting salary of at least $61,000? (Round your answer to four decimal places.)
(b) What is the probability that a new college graduate in health sciences will earn a starting salary of at least $61,000? (Round your answer to four decimal places.)
(c) What is the probability that a new college graduate in health sciences will earn a starting salary less than $38,000? (Round your answer to four decimal places.)
Transcribed Image Text:According to the National Association of Colleges and Employers, the 2015 mean starting salary for new college graduates in health sciences was $51,541. The mean 2015 starting salary for new college graduates in business was $53,901. † 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 $17,000. (a) What is the probability that a new college graduate in business will earn a starting salary of at least $61,000? (Round your answer to four decimal places.) (b) What is the probability that a new college graduate in health sciences will earn a starting salary of at least $61,000? (Round your answer to four decimal places.) (c) What is the probability that a new college graduate in health sciences will earn a starting salary less than $38,000? (Round your answer to four decimal places.)
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