A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN: 9780134753119
Author: Sheldon Ross
Publisher: PEARSON
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1. Refer to the various selling prices of various homes in a
community that follow the normal distribution with mu
(population mean) = $276,000 and sigma (standard deviation –
measure of dispersion) = $32,000.
Calculate the probability that the next house in the community
will sell for between $276,000 and $325,000.
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Transcribed Image Text:1. Refer to the various selling prices of various homes in a community that follow the normal distribution with mu (population mean) = $276,000 and sigma (standard deviation – measure of dispersion) = $32,000. Calculate the probability that the next house in the community will sell for between $276,000 and $325,000.
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