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 probability that an apartment in this development costs at least $65,000 USD? 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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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 probability that an apartment in this development costs at least $65,000 USD?
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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