The Mean Starting Salary of Recent Business Graduates at a University

question 55

Essay

The mean starting salary of recent business graduates at a university is $52,000 with a standard deviation of $16,000. The distribution of starting salaries is unknown.
A) What proportion of business graduates has a starting salary between $20,000 and $84,000?
B) Suppose 600 business graduates from this university got hired. How many of them started with a salary between $20,000 and $84,000?

• A) What proportion of business graduates has a starting salary between $20,000 and $84,000?
• B) Suppose 600 business graduates from this university got hired. How many of them started with a salary between $20,000 and $84,000?

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Definitions:

Spinal Column

The flexible, vertical structure composed of vertebrae that encloses the spinal cord, providing support and facilitating movement.

Slight Tension

A minimal level of stress or strain on the muscles or body, which can sometimes be beneficial for health and muscle tone.

Frequency

The rate at which a cycle or a vibrating pattern occurs, typically measured in hertz (Hz), and applicable in various contexts such as sound, light, and electrical impulses.

Time

The indefinite continued progress of existence and events in the past, present, and future regarded as a whole.