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n, how much did this particular home provider earn? Sh

n, how much did this particular home provider earn? Sh

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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More and more, vacationers and professionals on business trips are booking short-term accommodations through an online service allowing homeowners to rent rooms in their homes. Part 1 of 3 In a certain county, the average annual income for a home provider involved with an online rental service allowing homeowners to rent rooms in their homes was approximately $6,900, with an approximate standard deviation of $1,500. One home provider did so well that only 2.5% of home providers in his county earned more than him. Assuming that annual incomes for home providers can be modeled by a normal distribution, how much did this particular home provider earn? Show your work. (Use a table or technology.)
Transcribed Image Text:More and more, vacationers and professionals on business trips are booking short-term accommodations through an online service allowing homeowners to rent rooms in their homes. Part 1 of 3 In a certain county, the average annual income for a home provider involved with an online rental service allowing homeowners to rent rooms in their homes was approximately $6,900, with an approximate standard deviation of $1,500. One home provider did so well that only 2.5% of home providers in his county earned more than him. Assuming that annual incomes for home providers can be modeled by a normal distribution, how much did this particular home provider earn? Show your work. (Use a table or technology.)
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