The first figure below shows the distribution of annual inco…
The first figure below shows the distribution of annual incomes of people in some country in the form of a continuous probability density function. The shaded region corresponds to the area under the curve for x values above $24,960 (average income). A label shows the numeric value of this area.The second figure shows the same probability density function, but with the area under the curve for x-values above $15,700 shaded. Using relevant information from the appropriate figure, compute the probability that someone earns an above average income. Write in a number between 0 and 1 correct to two decimal places. Use the relevant figure(s).
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