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

question 28

Multiple Choice

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?

• A)About $58,000
• B)About $62,000.
• C)About $68,000.
• D)About $74,000.

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Definitions:

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