Mathematics, 22.01.2021 18:40 jbainbynn8197
The average salary for graduates entering the actuarial field is $40,000. If the
salaries are normally distributed with a standard deviation of $5,000. Find the
following probabilities:
*Round answers to 4 d. p.
a) an individual graduate will have a salary over $45,000
b) a group of nine randomly selected graduates will have an average salary over
$45,000.
Answers: 2
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The average salary for graduates entering the actuarial field is $40,000. If the
salaries are norma...
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