4.24. Suppose that property taxes on homes in Iowa. City, Iowa have an approximately normal distribu tion

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4.24. Suppose that property taxes on homes in Iowa. City, Iowa have an approximately normal distribu tion with a mean of $2500 and a standard deviation of $1500. The property tax for one particular home is $5000.

(a) Find the z-score corresponding to that value.

(b) What proportion of the property taxes exceed $5000?

(c) If the true distribution is not normal, how do you think it deviates from normal? Why?

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Statistical Methods For The Social Sciences

ISBN: 9780130272959

4th Edition

Authors: Alan Agresti, Barbara Finlay

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Question Posted: Aug 30, 2024 07:04 AM

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4.24. Suppose that property taxes on homes in Iowa. City, Iowa have an approximately normal distribu tion

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Statistical Methods For The Social Sciences

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