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Author Question: The first step in the decision making process is to identify the problem. Indicate whether the ... (Read 155 times)

natalie2426

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on: Jun 24, 2018
The first step in the decision making process is to identify the problem.
  Indicate whether the statement is true or false

Question 2

The average starting salary of this year's MBA students is 35,000 with a standard deviation of 5,000 . Furthermore, it is known that the starting salaries are normally distributed. What are the minimum and maximum starting salaries of the middle 95 of MBA graduates?


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itsakadoozi

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Reply #1 on: Jun 24, 2018
Answer to Question 1

T

Answer to Question 2

minimum = 25,200; maximum = 44,800


natalie2426

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

upturnedfurball

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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