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(See Steps) The income of junior executives in a large corporation are normally distributed with a standard deviation of $1200. A cutback is pending, at

Question: The income of junior executives in a large corporation are normally distributed with a standard deviation of $1200. A cutback is pending, at which time those who earn less than $28,000 will be discharged. If such a cut represents 10% of the junior executives, what is the current mean (average) salary of the group of junior executives? (10 points)

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