28. The average salary for graduates entering the actuarial field is $40,000. If the salaries are normally distributed with a variance of $25,000, find the probability that a group of nine graduates will have a group average over $45,000.
SHOW ALL WORK
Part A: Complete Z curve sketch: 3 pts
Part B: Calculate Z formula: 3 pts
Part C: Determine probability: 3 pts
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