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[Solved] If the average price of a new home is $279,654, find the maximum and minimum price of the houses a contractor will build to include the middle 74%

Question: If the average price of a new home is $279,654, find the maximum and minimum price of the houses a contractor will build to include the middle 74% of the market. Assume that the standard deviation of prices is $10,230 and the variable is normally distributed. (Draw a picture – it will help!)

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Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document


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