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Question - Managerial Statistics - The mean earnings of a university undergraduate student is enrolled in a Business program is $23,000 per year. Assume that the average salaries follow a normal distribution with a standard deviation of $2,500.
Required -
a. Find the probabilities that a student makes more than $30,000?
b. What is the probability that a student would make between $27,000 and $32,000?
c. What is the probability that a student would make less than $23,150?
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