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Probability Using Normal Distribution: Key Information

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The mean salary offered to students who are graduating from Coastal State University this year is $24,230, with a standard deviation of $3,712. A random sample of 80 Coastal State students graduating this year has been selected. What is the probability that the mean salary offer for these 80 students is 24,250 or less?

Carry your intermediate computations to at least four decimal places. Round your answer to at least three decimal places.

Can you explain this how to do this?

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The mean salary offered to students who are graduating from Coastal State University this year is $24,230, with a standard deviation of $3,712. A random sample of 80 Coastal State students graduating this year has been selected. What is the probability ...

Solution Summary

The expert calculates probability using normal distribution.

$2.19