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Suppose you do average starting salary is $50,000 with a standard deviation of $5,000. an analysis...
The average starting salary of this year's vocational school graduates is $35,000 with a standard deviation...
The average starting salary of this year's vocational school graduates is $35,000 with a standard deviation of $5,000. Furthermore, it is known that the starting salaries are normally distributed. Below what starting salary does 5% of the graduates earn?
2. The average starting salary for this year's graduates at a large university (LU) is $50,000 wi...
2. The average starting salary for this year's graduates at a large university (LU) is $50,000 with a standard deviation of $8,000. Furthermore, it is known that the starting salaries are normally distributed. a. What is the probability that a randomly selected LU graduate will have a starting salary of at least $61,900? b. Individuals with starting salaries of less than $36,800 receive a low income tax break. What percentage of the graduates will receive the tax break? Please if...
Fill in the blank. Suppose that the average starting salary for student with an Economics degree...
Fill in the blank. Suppose that the average starting salary for student with an Economics degree is $61,968.88 with a standard deviation of $5,909.25. A random sample of 163 recent graduates with a job is taken. There is a 42% chance that the average salary is greater than $ ________. 1) 60,775.84 2) There is not enough information to determine this. 3) 61,875.43 4) 62,062.33 5) 63,161.92
Fill in the blank. Suppose that the average starting salary for student with an Economics degree...
Fill in the blank. Suppose that the average starting salary for student with an Economics degree is $85,996.08 with a standard deviation of $7,090.02. A random sample of 159 recent graduates with a job is taken. There is a 61% chance that the average salary is less than $ ________. Question 3 options: 1) 86,153.13 2) 85,839.03 3) 87,976.46 4) 84,015.7 5) There is not enough information to determine this.
Fill in the blank. Suppose that the average starting salary for student with an Economics degree...
Fill in the blank. Suppose that the average starting salary for student with an Economics degree is $70,291.07 with a standard deviation of $8,104.85. A random sample of 185 recent graduates with a job is taken. There is a 28% chance that the average salary is greater than $ ________. Question 11 options: 1) There is not enough information to determine this. 2) 69,943.77 3) 75,014.91 4) 70,638.37 5) 65,567.23
The average starting salary of this year’s graduates of a large university (LU) is $55,000 with...
The average starting salary of this year’s graduates of a large university (LU) is $55,000 with a standard deviation of $4,000. Furthermore, it is known that the starting salaries are normally distributed. What is the probability that a randomly selected LU graduate will have a starting salary of at least $52,700? Individuals with starting salaries of less than $45,00 receive a free class. What percentage of the graduates will receive the free class? What percent of graduates will have their...
Suppose that you have a data set of starting salaries and you find an average starting...
Suppose that you have a data set of starting salaries and you find an average starting salary of $47,222 with a standard deviation of $6,528. There are 22 observations. What is the (estimated) standard error? Do not include a dollar sign.
According to a National Association of Colleges and Employers, the average starting salary for new college...
According to a National Association of Colleges and Employers, the average starting salary for new college graduates in health sciences is $51,541. The average starting salary for new college graduates in business is $53,901.† Assume that starting salaries are normally distributed and that the standard deviation for starting salaries for new college graduates in health sciences is $13,000. Assume that the standard deviation for starting salaries for new college graduates in business is $17,000. What is the probability that a...
Mathematics majors generally have one of the highest starting salaries. Suppose the average starting salary for...
Mathematics majors generally have one of the highest starting salaries. Suppose the average starting salary for mathematics majors is $48000 with a standard deviation of $6900. Find the probability that 35 mathematics majors have an average starting salary less than $48079 thousand.
2. You are planning a survey of starting salaries for recent computer science majors. In the...
2. You are planning a survey of starting salaries for recent computer science majors. In the latest survey by the National Association of Colleges and Employers, the average starting salary was reported to be $61,287. If you assume that the standard deviation is $3850, what sample size do you need to have a margin of error equal to $500 with 95% confidence? (report as an integer) 3. Suppose that in the setting of question 2 you have resources to contact...
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