According to the Statistical Abstract of the United States, 2000 (Table 764), the mean family net worth
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According to the Statistical Abstract of the United States, 2000 (Table 764), the mean family net worth of families whose head is between 35 and 44 years old is approximately $99,700. If family net worth is normally distributed with a standard deviation of
$30,000, find the probability that a randomly selected family whose head is between 35 and 44 years old has a net worth greater than $150,000.
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Related Book For
Statistics For Management And Economics
ISBN: 9781133420774
9th Edition
Authors: Gerald Keller, Kenneth C Louden
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