1.

Exhibit: Condo Price.

The prices of condos in a city are normally distributed with a mean of $100,000 and a standard deviation of $32,000.

Answer the following questions rounding your solutions to 4 decimal places.

Refer to theExhibit Condo Price.

The city government exempts the cheapest 6% of the condos from city taxes. What is the maximum price of the condos that will be exempt from city taxes?

2.

Exhibit: Student Grades.

A professor at a local university noted that the grades of her students were normally distributed with a mean of 73 and a standard deviation of 11.

Answer the following questions rounding your solutions to 4 decimal places.

Refer to the Exhibit Student Grades.

If 69.5 percent of the students received grades of C or better, what is the minimum score of those who received C's?