Markov processes use historical probabilities. a. True b. False ...

[newyorker26]

Markov processes use historical probabilities.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The starting salaries of individuals with an MBA degree are normally distributed with a mean of 40,000 and a standard deviation of 5,000 . What is the probability that a randomly selected individual with an MBA degree will get a starting salary of at least 30,000?
 a. 0.4772
   b. 0.9772
   c. 0.0228
   d. 0.5000

[Joy Chen]

Answer to Question 1

TRUE

Answer to Question 2

b

[newyorker26]

Thanks for the timely response, appreciate it

[ashely1112]

Great answer, keep it coming