This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The most successful quantitative analysis will separate the analyst from the managerial team until ... (Read 61 times)

rlane42

  • Hero Member
  • *****
  • Posts: 594
on: Jun 24, 2018
The most successful quantitative analysis will separate the analyst from the managerial team until after the problem is fully structured.
  Indicate whether the statement is true or false

Question 2

The average starting salary for this year's graduates at a large university (LU) is 30,000 with a standard deviation of 8,000 . Furthermore, it is known that the starting salaries are normally distributed.
 a. What is the probability that a randomly selected LU graduate will have a starting salary of at least 30,400?
 b. Individuals with starting salaries of less than 15,600 receive a low income tax break. What percentage of the graduates will receive the tax break?
 c. What are the minimum and the maximum starting salaries of the middle 95 of the LU graduates?
 d. If 303 of the recent graduates have salaries of at least 43,120, how many students graduated this year from this university?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shailee

  • Sr. Member
  • ****
  • Posts: 392
Reply #1 on: Jun 24, 2018
Answer to Question 1

F

Answer to Question 2

a. .4801
b. 3.59
c. minimum = 14,320; maximum = 45,680
d. 6,000


rlane42

  • Hero Member
  • *****
  • Posts: 594
Reply #2 on: Jun 24, 2018
Thank you :)


shailee

  • Sr. Member
  • ****
  • Posts: 392
Reply #3 on: Jun 24, 2018
Happy to help you


« previous next »
 

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Modern Systems Analysis and Design (4th Edition) Modern Systems Analysis and Design (4th Edition)
Table - Correlation Analysis Table - Correlation Analysis
Table - Correlation Analysis Table - Correlation Analysis
Test-cross analysis of F1 plants Test-cross analysis of F1 plants
GENETIC ANALYSIS GENETIC ANALYSIS
Emerson’s Three-Point Test-Cross Analysis Emerson’s Three-Point Test-Cross Analysis
Video: Dietary Cholesterol & LDL

For a complete list of videos, visit our video library