Mean, Normal Distribution, Standard Deviation
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The mean starting salary for college graduates in the spring of 2004 was $36,280. Assume that the distribution of starting salaries follows the normal distribution with a standard deviation of $3,300. What percent of the graduates have starting salaries:
a. Between $35,000 and $40,000?
b. More than $45,000?
c. Between $40,000 and $45,000?
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Solution Summary
This solution involving calculating the percentage based on mean and normal distribution.
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Let X be the starting salary for college graduates. From the condition, we know that the mean of X is m=$36,280 and the ...
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