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The average hourly rate of pay for financial managers in a given region is $ 32.62...

The average hourly rate of pay for financial managers in a given region is $ 32.62 and the standard deviation is $ 2.32. Suppose these compensation rates are normally distributed. (Develop the figure for each exercise). At the end you must explain in your words what these results mean.

What is the probability that a financial manager will earn between $ 30 and $ 35 per hour?

How high does the hourly wage need to be for a CFO to have a 10% higher pay?

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