Solution) The average salary for graduates entering the actuarial field in $40,000. If the salaries are normal


Question: The average salary for graduates entering the actuarial field in $40,000. If the salaries are normally distributed with a standard deviation of $5000, find the probability that

a. An individual graduate will have a salary over $45000.

b. A group of nine graduates will have a group average over $45000.

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Answer: The solution consists of 1 page
Deliverables: Word Document

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