(See Steps) The mean starting salary for college graduates in the Spring of 2006 was $50,000. Assume that the distribution of starting salaries follows
Question: The mean starting salary for college graduates in the Spring of 2006 was $50,000. Assume that the distribution of starting salaries follows the normal distribution with a standard deviation of $3500. What percent of the graduates have starting salaries:
- Between $40000 and $60000?
- More than $40000?
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