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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?

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Answer #1

olutions given thed eu = s35000 σ: $5000 2-1:645 ㄨㄧ-1.645 x5000 + 3s000

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