MATLAB: An Introduction with Applications
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ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Apartment cost. The average cost of an apartment in the Cedar Lakes development is $62,000 USD with a standard deviation of $4,200 USD.
a. What is the
b. Is the probability that the average cost of a sample of two apartments is at least $65,000 USD greater or less than the probability that an individual apartment costs that much? By how much does it differ?
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