In a normal distribution, find the standard deviation when the mean is 110 and 2.78% of the area lie
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!)
Price: $2.99
Solution: The solution consists of 1 page
Deliverables: Word Document
Deliverables: Word Document
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