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Math  /  Data & Statistics

QuestionThe starting salaries of new graduates in a particular field are normally distributed with a mean of \52,000andastandarddeviationof$4,500.a)Whatpercentageofgraduatesearnbetween52,000 and a standard deviation of \$4,500. a) What percentage of graduates earn between \47,500 47,500 and $56,500\$ 56,500 ? b) What is the cutoff salary for the top 10\% of earners? c) If a company hires 50 graduates, how many would you expect to have starting salaries below $45,000\$ 45,000 ?

Studdy Solution
a) Approximately **68.26%** of graduates earn between $47,500\$47,500 and $56,500\$56,500. b) The cutoff salary for the top 10% of earners is approximately **\$57,760**. c) We would expect about **3** out of 50 graduates to have starting salaries below \(\$45,000\).

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