SOLUTION: The mean salary offered to students who are graduating from Coastal State University this year is 24,215, with a standard deviation of 3712. A random sample of 75 Coastal State stu
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Question 1136405: The mean salary offered to students who are graduating from Coastal State University this year is 24,215, with a standard deviation of 3712. A random sample of 75 Coastal State students graduating this year has been selected. What is the probability that the mean salary offer for these 75 students is 24750 or more?
Carry your intermediate computations to at least four decimal places. Round your answer to at least three decimal places.
You can put this solution on YOUR website! z=(x bar-mean)/sigma/sqrt (n)
z>(24750-24215)/3712/sqrt(75)
z>(535)*sqrt(75)/3712=1.2462
that probability is 0.1060