SOLUTION: The mean starting salary for college graduates in the spring of 2019 was QR 36,280. Assume that the distribution of starting salaries follows the normal distribution with a standar

Question 1162546: The mean starting salary for college graduates in the spring of 2019 was QR 36,280. Assume that the distribution of starting salaries follows the normal distribution with a standard deviation of QR 3,300. What percent of the graduates have starting salaries:
a. More than QR 36,280?
b. Between QR 40,000 and QR 45,000?
Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!

More than the mean is 50%
(x-mean)/sd or between (40000-36280)/3300 and (45000-36280)/3300
this is z between 1.13 and 2.64
0.1251 is probability or 12.51%
calculator makes it a lot easier 2nd VARS 2 normalcdf ENTER (40000,45000,36280,3300) ENTER
get 0.1257 (no rounding) or 12.57%
RELATED QUESTIONS
The mean starting salary for college graduates in spring of 2018 was $43,200. Assume that (answered by Boreal)

Business Weekly conducted a survey of graduates from 30 top MBA programs. On the basis... (answered by Boreal)

Annual starting salaries for college graduates with business administration degrees are... (answered by stanbon)

Salaries for business graduates in D.C. averaged $45,000 with a standard deviation of... (answered by stanbon)

The average starting salary for new college graduates in business administration is... (answered by Solver92311)

Q)Business Week conducted a survey of graduates from 30 top MBA programs. On the basis... (answered by stanbon)

A sample of 2000 licensed drivers revealed the following number of speeding violations: (answered by MDes)

Recently, a university surveyed recent graduates of the English Department for their... (answered by robertb)

USA Today reported in 1997 that the median starting salary of graduates of Stanford... (answered by Mathtut)