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An advertising company plans to market a product tolow-income families. A study states that for a particulararea, the average income per family is$24,596and thestandard deviation
An advertising company plans to market a product tolow-income families. A study states that for a particulararea, the average income per family is$24,596and thestandard deviation is$6256. If the company plans totarget the bottom18%of the familiesbased on income, find the cut offincome. Assume the variable isnormally distributed
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