IT Graduates Salary

question 9

Short Answer

IT Graduates Salary
The recent average starting salary for new college graduates in IT systems is $47,500.Assume salaries are normally distributed with a standard deviation of $4,500. ​ ​
-{IT Graduates Salary Narrative} What is the cutoff for the top 3% of the salaries?

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Definitions:

Internal Revenue Code

The statutory collection of domestic tax laws that govern federal tax administration in the United States.

Shareholder Level

Refers to the status or category of ownership in a corporation, where individuals or entities own shares representing a portion of the company.

Subchapter S

A designation for corporations that meet specific Internal Revenue Code requirements, allowing them to pass income directly to shareholders and avoid double taxation.

Model Business Corporation Act

A model set of laws prepared by the Committee on Corporate Laws of the American Bar Association to standardize and provide a guideline for corporation law.