SOLUTION: The average starting salary for new college graduates in business administration is $47,500. Assume that salaries are normally distributed, with a standard deviation of $4,500.

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Question 1182326: The average starting salary for new college graduates in business administration is
$47,500. Assume that salaries are normally distributed, with a standard deviation of
$4,500.
a. What is the probability of a new graduate receiving a salary between $45,000
and $50 000?
Answer by Solver92311(821) About Me  (Show Source):
You can put this solution on YOUR website!


Calculate the Z-scores for each end of your range.







You can do your own arithmetic. Then use a table or a Z-score probability calculator (there are many on the internet - use Google) to determine



and




Then the answer to the question is





John

My calculator said it, I believe it, that settles it

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