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Author Question: Markov processes use historical probabilities. a. True b. False Indicate whether the statement is ... (Read 55 times)

newyorker26

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on: Jun 24, 2018
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


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Joy Chen

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

TRUE

Answer to Question 2

b


newyorker26

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  • Posts: 536
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

Joy Chen

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Reply 3 on: Yesterday
Wow, this really help

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