Question

According to a recent survey, the salaries of assistant professors have a mean of $41,750 and...

According to a recent survey, the salaries of assistant professors have a mean of

$41,750

and a standard deviation of

$7000

. Assuming that the salaries of assistant professors follow a normal distribution, find the proportion of assistant professors who earn less than

$50,000

. Round your answer to at least four decimal places.

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