Business Weekly conducted a survey of graduates from 30 top MBA
programs. On the basis of the survey, assume the mean annual salary
for graduates 10 years after graduation is 135000 dollars. Assume
the standard deviation is 38000 dollars. Suppose you take a simple
random sample of 66 graduates.
Find the probability that a single randomly selected salary is at
most 139000 dollars.
Answer =
Find the probability that a sample of size n=66n=66 is randomly
selected with a mean that is at most 139000 dollars.
Answer =
Enter your answers as numbers accurate to 4 decimal places.
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