IT Graduates Salary

question 167

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 probability of a new graduate receiving a salary between $45,000 and $50,000?

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Definitions:

Purchase Price

The cost paid to acquire a good or service, including initial acquisition costs and any associated transaction fees.

Estimated Useful Life

The expected time period during which an asset is likely to be functional and economically useful.

Internal Rate of Return

A financial metric used to evaluate the profitability of an investment, representing the discount rate that makes the net present value of all cash flows equal to zero.

Net Present Value

The variance between the current value of cash coming in and the current value of cash going out over a time span.