New-Home Prices If the average price of a new one-family home is $246,300 with a standard deviation of $15,000, find the minimum and maximum prices of the houses that a contractor will build to satisfy the middle 84% of the market. Assume that the variable is normally distributed. Use a graphing calculator and round the answers to the nearest dollar. #6 6.2 Minimum price: Maximum price: $

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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ISBN:9780079039897
Author:Carter
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Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
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#6 6.2
New-Home Prices If the average price of a new one-family home is $246,300 with a standard deviation of $15,000, find the
minimum and maximum prices of the houses that a contractor will build to satisfy the middle 84% of the market. Assume that the
variable is normally distributed. Use a graphing calculator and round the answers to the nearest dollar.
#6 6.2
Minimum price:
Maximum price:
Transcribed Image Text:New-Home Prices If the average price of a new one-family home is $246,300 with a standard deviation of $15,000, find the minimum and maximum prices of the houses that a contractor will build to satisfy the middle 84% of the market. Assume that the variable is normally distributed. Use a graphing calculator and round the answers to the nearest dollar. #6 6.2 Minimum price: Maximum price:
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