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April 24, 2014

Homework Help: statistics

Posted by Mary on Wednesday, March 7, 2012 at 4:59pm.

The average salary for graduates entering the actuarial field is $40,000. If the salaries are normally distributed with a standard deviation of $5000 (σ = 5000), find the probability that a graduate will have a salary over $45,000: P(X > 45,000).

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