Find the probability that a group of nine graduates will, Basic Statistics

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Find the probability that a group of nine graduates will

The average salary for graduates entering the actuarial field is $40,000.
1. The average salary for graduates entering the actuarial field is $40,000. If the salaries are normally distributed with a standard deviation of $5,000, find the probability that

a) An individual graduate will have a salary over $45,000.
b) A group of nine graduates will have a group average over $45,000.

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Basic Statistics: Find the probability that a group of nine graduates will

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Basic Statistics: Find the probability that a group of nine graduates will

Reference No:- TGS0121031

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Recent Questions Asked Basic Statistics

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Basic Statistics: Find the probability that a group of nine graduates will

Reference No:- TGS0121031

Recent Questions Asked Basic Statistics

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