solve like this2. The average starting salary for this year's graduates ata large university (LU) 1S 520,008 with a standard deviation of $8,000. Furthermore, it is known that the starting, salaries are normally distributed. a. What is the probability that a randomly selected LU graduate will have a starting salary of at least $30,400? b. Individuals with starting salaries of less than $15,600 receive a low-income tax break. What percentage of the graduates will rece ive the tax break? ¢. What are the minimum and the maximum starting salaries of the middle 95% of the LU graduates? d. 1f189 of the recentgraduates have salaries of at least $32,240, how many students graduated this year from this university? ‘=Xplanation adaed SEepeole ¥ we v;mea B oy |= == @ a= ms oH G a |B este stn @ + add Explanation (80h probaitty that a randormiyslecte LU grade wil havea starting salary of test $30,400: A (X—u _ 30.400 20,000 P(x > 30,400) = (2 > DAE —P(z>13) — 0.0068 [ use excel function] & Remore block Explanation Tne probabil is abtsined sing the excl function” 1 ~ NORM.S. DIST(L, TRUE)" (B) The Individuals with starting salaries of less than $15,600 receive a low income tax break. Then, the percentage of the graduates will receive the tax break: A _(X—p _ 15600 20,000 P(x < 15,600) -p(2
Question:
solve like this
2. The average starting salary for this year's graduates ata large university (LU) 1S 520,008 with
a standard deviation of $8,000. Furthermore, it is known that the starting, salaries are
normally distributed.
a. What is the probability that a randomly selected LU graduate will have a starting salary of at
least $30,400?
b. Individuals with starting salaries of less than $15,600 receive a low-income tax break. What
percentage of the graduates will rece ive the tax break?
¢. What are the minimum and the maximum starting salaries of the middle 95% of the LU
graduates?
d. 1f189 of the recentgraduates have salaries of at least $32,240, how many students graduated
this year from this university?
‘=Xplanation adaed SEepeole ¥ we v;mea
B oy |= == @ a= ms oH G a |B
este stn
@ + add Explanation
(80h probaitty that a randormiyslecte LU grade wil havea starting salary of test $30,400:
A (X—u _ 30.400 20,000
P(x > 30,400) = (2 > DAE
—P(z>13)
— 0.0068 [ use excel function] & Remore block
Explanation
Tne probabil is abtsined sing the excl function” 1 ~ NORM.S. DIST(L, TRUE)"
(B) The Individuals with starting salaries of less than $15,600 receive a low income tax break. Then, the percentage of the graduates will receive the tax break:
A _(X—p _ 15600 20,000
P(x < 15,600) -p(2
Asked by: nayan
Created at: 2025-11-04 07:51:56
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