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Professors at a Local University Earn an Average Salary of $80,000

question 114

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Professors at a local university earn an average salary of $80,000 with a standard deviation of $6,000. The salary distribution is approximately bell-shaped. Because of budget limitations, it has been decided that only those whose salaries are approximately in the bottom 2.5% would get a raise. What is the maximum current salary that qualifies for the raise?


Definitions:

Aldosterone

A steroid hormone secreted by the adrenal cortex that regulates salt and water balances in the body, influencing blood pressure.

Hypokalemia

A condition characterized by lower than normal levels of potassium in the bloodstream.

Hyponatremia

A condition characterized by low levels of sodium in the blood, which can result in numerous health issues including confusion, seizures, and coma.

Adrenal Cortex

The adrenal cortex is the outer layer of the adrenal glands, located above the kidneys, and it secretes hormones like cortisol, aldosterone, and androgens, playing key roles in stress response, metabolism, and blood pressure regulation.

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