# statistics

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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).

• statistics -

Z = (score-mean)/SD

Find table in the back of your statistics text labeled something like "areas under normal distribution" to find the proportion related to the Z score.

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