The Following Table Shows the Starting Salaries of a Sample

question 37

Short Answer

The following table shows the starting salaries of a sample of recent business graduates.
$$\begin{array} { c c } \text { Income In } \$1,000s & \text { Number af Graduate } \\15 - 19 & 40 \\20 - 24 & 60 \\25 - 29 & 80 \\30 - 34 & 18 \\35 - 39 & 2\end{array}$$
a. What percentage of graduates in the sample had starting salaries of at least $30,000?
b. Of the graduates in the sample, what percentage had starting salaries of less than $25,000?
c. Based on this sample, what percentage of all business graduates do you estimate to have starting salaries of at least $20,000?

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Definitions:

Cognitive Development

Refers to the progression of learning and acquisition of problem-solving abilities, including thinking, perceiving, and reasoning, as a person grows and matures.

Social Context

The environmental and cultural setting in which a person lives or operates, and which influences their behaviors, attitudes, and experiences.

Speech Function

The utilization of verbal communication for expressing ideas, emotions, and desires through structured vocal sounds.

Zone

A zone is a specific area or region designated for a particular purpose or characterized by a particular feature.