Assume the selling prices of homes in a particular community follow a normal distribution with a mean
Question:
Assume the selling prices of homes in a particular community follow a normal distribution with a mean of
$285,700 and a standard deviation of $46,100. Determine the range of selling prices in this community that includes
a. one standard deviation around the mean.
b. two standard deviations around the mean.
c. three standard deviations around the mean.
AppendixLO1
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