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Author Question: The selling price of various homes in a community follows the normal distribution with a mean of ... (Read 115 times)

mrsjacobs44

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on: Jun 24, 2018
The selling price of various homes in a community follows the normal distribution with a mean of 176,000 and a standard deviation of 22,300 . What is the probability that the next house will sell for between 150,000 and 168,000?

Question 2

True or False If the population mean  and population standard deviation  are both known and a sample size that is greater than 30, one can invoke the central limit theorem and make probability statements about the means of samples taken from the population.
  Indicate whether the statement is true or false


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heinisk01

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

0.2384

Answer to Question 2

T


mrsjacobs44

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

bigcheese9

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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